11.  I believe that monetary union is political union, and that the creation of a single currency is federalism.

12.  If at some stage we entered into a single currency, we should have to deal with a different matter.

13.  If there were a single currency without convergence, it would have several serious effects on the smaller countries.

14.  If we are to adopt a single currency, we must achieve the theoretical advantages which are there to be grasped.

15.  It came at a moment when skepticism over the pace toward full economic union and the single currency has been mounting.

16.  It is this prospect that has prompted trade union leaders with a public-sector contingent to be wary about the single currency project.

17.  It poses the question of whether it is advisable to adopt a single currency in the course of a regional integration process.

18.  Stay outside the single currency, particularly if the euro keeps strengthening, and that importance diminishes.

19.  Thatcher called the plan for a single European currency impracticable.

20.  The exchange rate mechanism is a voluntary prototype for a single currency.

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