1. The state of the UK economy 2003
... providing new opportunities for companies EMU entry could reduce the cost of capital for UK firms if long-term interest rates fell further inside the euro area. These costs could fall for small and medium-sized enterprises (SMEs) in particular if joining EMU lowers the barriers which prevent SMEs accessing euro area financial markets. There is a risk that the longer the ... ...
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- Approx Pages: 13
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