Home What's New Speeches & Articles Newsletter - Jul 2008 Biography Diary Contact Information Photo Album Parliamentary Highlights Publications Links MEPs' Transparency   Conservative Party Latest News from Conservatives.com Conservative Party Website
		Letter to the Editor Lincolnshire Echo - Tuesday, 14 October 2003 Dear Sir, Euro supporters love to claim that the euro is promoting trade between euro-land countries, and that Britain is losing out by being "isolated" outside. But dramatic new figures from Deutsche Bundesbank, the German Central Bank, and published in the UK by the think-tank Global Britain, show that the opposite is true. In the euro's first four years, German exports to other euro countries grew by an average 6.8% a year. But exports to the three non-euro EU countries (UK, Sweden and Denmark) grew by 11% a year, and to the USA by 11.5%. As a result, the USA has displaced France as Germany's main export market, and the UK will soon overtake France as Germany's second biggest export market. The UK will then become Germany's biggest trading partner in the EU. These figures blow apart the claim that the euro promotes trade between euro-land countries - indeed, the opposite seems to be the case. For more details, visit www.globalbritain.org. Yours faithfully, Roger Helmer MEP