Margaret Thatcher Quotes
It seems like cloud cuckoo land... If anyone is suggesting that I would go to Parliament and suggest the abolition of the pound sterling — no! ... We have made it quite clear that we will not have a single currency imposed on us.
England compromised. They did not give up their own currency—the Pound, but they did make the Euro legal tender, so both currencies can be used in England.
Margaret Thatcher, 1925-2013, British Prime Minister (Conservative), Statement to the media immediately after the EEC Rome summit meeting, October 28, 1990
Sourced by: Eigen's Political and Historical Quotations
Stieglitz was a critic of the Euro and the general notion of countries federating politically trying to have a common currency, He argued that the individual nations lose some of the major tools they have to affect the economy if things are not good economically.
Margaret Hilda Thatcher, Baroness Thatcher, LG, OM, DStJ, PC, FRS, HonFRSC was a British stateswoman who served as Prime Minister of the United Kingdom from 1979 to 1990 and Leader of the Conservative Party from 1975 to 1990. She was the longest-serving British prime minister of the 20th century and the first woman to hold that office. A Soviet journalist dubbed her the "Iron Lady", a nickname that became associated with her uncompromising politics and leadership style. As prime minister, she implemented policies that became known as Thatcherism.