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15:18 GMT
LONDON, June 24 (KUNA) -- The European single currency will survive its
present crisis despite "fundamental" problems - and the UK could still join in
the future, ex-prime minister Tony Blair has said.
Blair rejected claims by former Labour cabinet colleague Jack Straw that
the euro was doomed to collapse though he conceded the case for British entry
was not "compelling".
But he told the BBC that he remained "absolutely in favour of doing it,
politically" if the economic circumstances meant the idea could be sold to
voters.
In an interview with BBC TV to be shown this Sunday he said he had fully
supported then Chancellor Gordon Brown's assessment - using five tests - that
the UK should not enter.
But asked if that decision was a relief given the present eurozone chaos,
he said: "I do not take the view some people take that Britain joining the
euro in the past or now would be a disaster.
"But I always said that unless you could make a compelling case for it
economically, you were never going to win a referendum.
"The case for Britain joining is not compelling. It may become that at a
certain point."
He went on: "I was always absolutely in favour of doing it politically and
still am, by the way."
Straw suggested last week that the euro could not survive and called for a
speedy demise rather than a "slow death". "I don't think it will (collapse)
actually,"
Blair said: "I don't think they are going to give up the single currency.
That's not to say there aren't huge issues as to how you get through the next
months .... I think and hope the single currency will resolve its problems."
Prime Minister David Cameron said: "It would be a dreadful idea for Britain
to join the euro. "As long as I am doing this job, there is no prospect of
Britain even contemplating joining." (end)
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