EU's Mandelson Says U.K. Politicians Sabotaged Case for Euro
European Commissioner Peter Mandelson said U.K. government leaders have sabotaged the case for adopting the euro by suggesting the region's economy is a ``basket case'' holding back growth in Britain. Speaking to leaders of the U.K.'s ruling Labour Party in Brighton, England, Mandelson said there would never be a ``perfect'' time to push for using Europe's common currency and the government needs to make the political case more strongly. ``People have come to see Europe as a drag-anchor,'' Mandelson said today. The allegation ``has been peddled, or more politely, made, by some in the British government.''
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