Abstract
Recent discussion about the implications of the Maastricht Treaty on European Union has been far ranging and sometimes intense, but little attention has been paid to the nature and extent of the legal obligations assumed by the United Kingdom under the Treaty in relation to monetary union. As everyone knows the United Kingdom has negotiated an ‘opt- out’ from the European single currency; as a result it is widely assumed that the monetary union obligations set out in the Treaty are not of great importance unless and until the UK takes a decision to ‘opt in’. As I shall show, this is far from being the case.
First published by the Centre for Policy Studies in 1992.
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© 1996 Palgrave Macmillan, a division of Macmillan Publishers Limited
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Howe, M. (1996). Monetary Policy after Maastricht: How much Independence will Britain Possess?. In: Holmes, M. (eds) The Eurosceptical Reader. Palgrave Macmillan, London. https://doi.org/10.1007/978-1-349-24979-4_18
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DOI: https://doi.org/10.1007/978-1-349-24979-4_18
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-0-333-66943-3
Online ISBN: 978-1-349-24979-4
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