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World

Thatcher was completely right about the Euro

1 January 2021

8:52 PM

1 January 2021

8:52 PM

It was a ‘rush of blood to the head’. Its central bank would prove to be hopelessly ineffective. And cultural differences would remain too deeply ingrained for an internal market to ever work as it should. We learned this week from papers released in Dublin that Mrs Thatcher was completely damning about the idea of a single currency for the European Union.

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