• No entry without a national referendum

June 9th, 1999

In the midst of the confusion and controversy over the Euro, the Natural Law Party has reminded voters of the urgent need to adopt the party’s unique stand on the single currency.

The Natural Law Party proposes an additional criterion to be met before any consideration of Britain joining the single currency. The criterion is that the national consciousness in Britain should be stable and integrated, since this will provide the only basis for a stable economy and thus the only reliable basis for monetary union.

Party leader Dr Geoffrey Clements said: "The weakness and instability of the Euro is symptomatic of the fragile basis for European unity when based solely on economic indices. It is vital and urgent that real unity is created by the only means possible – that is, by creating integration and coherence in collective consciousness."

The Natural Law Party also offers proven programmes to create a stable collective consciousness, and a special index to measure the achievement of it. Areas measured by the index would include: crime rate, health, relations between the different communities in the UK, economic factors, and the activity of the British government – for example, whether its foreign policy is destructive or peace-promoting. The Natural Law Party understands the activity of the government as being a direct reflection of the quality of collective consciousness.

When and only when a stable and coherent collective consciousness has been created, the Natural Law Party will hold a national referendum to allow the people to decide whether Britain should actually join the single currency. This referendum will present three options:

1. Joining the single currency and abandoning the pound;

2. Staying out of monetary union altogether;

3. To use both the pound and the Euro, with the two linked by an exchange rate mechanism set by the UK government.