EMU is out of date, says Hague

Paris - The British Conservative leader, Mr William Hague, warned yesterday that the single currency was an out-of-date project…

Paris - The British Conservative leader, Mr William Hague, warned yesterday that the single currency was an out-of-date project which would take European political union "well beyond its acceptable limits" and trigger a nationalist backlash.

In a speech to the INSEAD management college at Fontainebleau, south of Paris, Mr Hague said: "There is a limit to European integration. We are near that limit now."

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