P502 Teletext 502 Feb11 00:14:22
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CHANCELLOR SETS OUT EU TERMS
The Chancellor has set out the factors
that Britain would consider before
joining a single currency - in addition
to those in the Maastricht Treaty.
Kenneth Clarke said that "deep-seated
structural differences" in Europe's
economies would have to be addressed.
Trade balances, unit labour costs and
the integration of markets would all
have to be considered, he revealed.
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