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Blair's money problem: the euro felled the Tories. Is Labour next?

By Nichols, Hans S.
Publication: The International Economy
Date: Saturday, June 22 2002

For both its critics and supporters, the euro's smooth transition and early economic success have been a shock. While the euro may be economically viable in the short-run, it's the sort of political dirty bomb that has politicians across Europe looking to the door and over their shoulder. Its shrapnel already has splintered one party and it threatens another. And that's just in Britain.

It's no secret that the Tory fratricide on European integration has led to disasters at the polls. While the majority of Britons remain skeptical about the abolition of the venerable pou

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