Diusenberg says UK euro tests are irrevelant

European Central Bank chief Wim Duisenberg today dismissed Gordon Brown's five economic tests for joining the single currency as irrelevant and insisted that Britain would have to join the European exchange rate mechanism for two years before adopting the euro.

Duisenberg pointed out that Brown's self-imposed tests were "somewhat different" from the requirements for joining set out in the Maastricht Treaty. "It is only the Maastricht criteria which I regard as relevant for eventual entry of the

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