Written question asked by Austin Mitchell (Labour), in the House of Commons. It was due for an answer on Wednesday, 15 November 1989. It was answered by Lord Ryder of Wensum (Conservative) on Wednesday, 15 November 1989 on behalf of the Treasury.

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Untitled Written question

Question

To make it the policy to ensure before agreeing to enter the ERM of the EMS that the obligations on creditor & debtor countries are symmetrical as regards wages, prices, interest rates & the money supply.

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Secondary information

Type

Written question

Reference

160 c321W

Session

1988-89

Subjects

Interest rates Economic and monetary union Pay Prices Exchange rates Exchange rate mechanism European monetary system Money supply