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Early day motion tabled by primary sponsor Ian Davidson (Labour and Co-operative Party), on Thursday, 28 November 2002, in the House of Commons. It is signed by 17 members in total.

PERFORMANCE OF THE EURO (No.2)

That this House notes the report by the ZDH Association which estimates that 300,000 manual jobs were lost in Germany in 2002 and that another 300,000 such jobs will be lost in 2003; further notes the Keele Economic Institute Report which estimates that real German unemployment is nearly six million; and believes that the euro is not working.

Amendments

The Early day motion has received 2 amendments.

241A2
leave out from 'million' to end and add 'further notes, that OECD figures show that in 2001 United Kingdom GDP per capita was higher than in Germany, France and the Eurozone average; further notes that according to figures from the Treasury, since 1997, investment in business has grown at a faster rate in the United Kingdom than in France or Germany.'.
241A1
leave out from 'House' to end and add 'notes that German workers earn an average of ??12 an hour, compared to ??9.50 average in Britain; further notes that German workers, with their high wages and strong social protection, are 29 per cent more productive than their British counterparts; believes that the closing of this productivity gap is essential if working people in Britain are to get the public services they deserve; and affirms that the increased trade and investment that are crucial to improve productivity are threatened by the UK's continued isolation from the Euro.'.

Secondary information

Type
Early day motion
Reference
241 
241A2 
241A1 
Session
2002-03
Other sponsors
Gwyneth Dunwoody
Jimmy Wray
Austin Mitchell
Subjects
Currencies Economic situation Germany Economic and monetary union Euro Unemployment
Link
View this Early day motion on www.parliament.uk