Business opinion backs swift Euro adoption

June 2004
Management Services;Jun2004, Vol. 48 Issue 6, p5
Academic Journal
This article reports that three-quarters of Great Britain's international traders believe that the imminent expansion of the European Union will be good for British business. In addition, almost the same number believe the government should be speeding up plans to adopt the Euro to help them grasp new export opportunities. Such are the key findings of a new survey of the import/export business community by Croner, one of the country's leading providers of business information, advice and support. With May 1, 2004 seeing a further ten countries taking up full membership in the European Union the total number of members is 25, as of June 2004. Additionally, seventy-seven per cent of the respondents to Croner's survey, which was carded out amongst the 2,000 registered users of its www.trade-international-centre.net web-center, felt that the expansion would be good for British business, while just 23% disagreed. A further 74% said they thought plans to adopt the Euro in Great Britain should now be speeded up to make it easier for British firms to work in such newly-accessible markets. Previous Croner research amongst international business people found that almost 90% felt the government needed to be doing more to educate the British population about all sides of the Euro debate.


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