PERFORMANCE OF THE EURO (No.3)

Early day motion 358, tabled 11 December 2002 by Ian Davidson (Labour/Co-operative). Signed by 21 members.

That this House notes the announcement on 4th December of the latest German unemployment figures for November, which show that seasonally adjusted unemployment has reached 4.16 million; further notes that this is the highest rate for five years; further notes that with the exception of one month, German unemployment has risen every month since the introduction of euro notes and coins on 1st January 2002; and believes this shows that the euro is not working.

Signatures by party: Labour 13, Conservative 5, Labour/Co-operative 3.