PROJECT FEAR Mk 1: JOIN THE EURO: FALSE CLAIMS HARD FACTS Then & Now

Leading Big Business figures and politicians currently claim the EU is vital to our prosperity.  However here we recall when they all said joining the Euro was vital for British prosperity. They are so EU-blinkered that we can’t trust their judgement. Thank goodness we didn’t listen. What a total disaster that would have been!


JOIN EURO CLAIM: Lord Peter Mandelson: - “Until we come off the fence over joining the Euro . . . we will slip backwards in Europe.”

KEEP POUND FACT: Since then our economy has grown while theirs stagnated.
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JOIN EURO CLAIM: Lord Michael Heseltine: - “Our non-membership of the Eurozone is threatening great swathes of British Industry.”

KEEP POUND FACT: Since then, unemployment in "EUROPE" has soared
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JOIN EURO CLAIM: Ken Clarke MP: - “The Euro has exposed the absurdity of manyanti-European scares . . . public opinion is already changing as people can see the success of the new currency.

KEEP POUND FACT: The currency has been an unmitigated disaster Greece is one example
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JOIN EURO CLAIM: Roland Rudd: – Business for New Europe, Chair of Finsbury Group: -  “Business Leaders appreciate the success of the Euro over its first decade.  It has defied the doomsayers who predicted failure"

KEEP POUND FACT: It continues to lurch from one crisis to another even one of Mr Camerons letter signatories of Credit Suisse now predits the next recession will cause its collapse
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JOIN EURO CLAIM: Alex Salmond MP: - “Scotland would successfully flourish if the country cut its ties with sterling and embraced the European single currency.

KEEP POUND FACT: Scotland has a current deficit of £15 billion. Inside the Eurozone this would have caused a deep recession in Scotland
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JOIN EURO CLAIM: Sir Martin Sorrell CEO of WPP : -  “If the Government rules out
membership of the Euro (it) would be damaging for British-based business.”

KEEP POUND FACT: FACT: Since then UK businesses have grown at a faster rate
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JOIN EURO CLAIM: Sir Richard Branson : - “We cannot be members of the single
market without being part of the single currency.”

KEEP POUND FACT:  Since then, our exports to the rest of the World have EXPANDED
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JOIN EURO CLAIM: Nissan CEO - Carlos Ghosn: -  “Why do you want to take the currency risk with the Pound if you have the possiblity of being risk-free in the Euro?

KEEP POUND FACT: RISK FREE Ask the Greek people!
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JOIN EURO CLAIM: Niall Fitzgerald CEO Unilever: -  “Britain will float away from being
a central part of Europe and lose influence, investment, jobs and economic growth

KEEP POUND FACT: While Europe has done the exact opposite of the above our economy has in fact been expanding
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JOIN EURO CLAIM:CBI president Sir Clive Thompson: -  “The majority of firms were very much in support of joining the euro.”

KEEP POUND FACT: There is no substance whatsoever to such statements – then, or now
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