Continuing the series that traces the long and tangled history of the move towards a single European currency.
After his initial rejection of the European Monetary System, Francois Mitterrand became a vociferous supporter of the single currency during the eighties. In his last television interview before the end of his tenure, the late former French president recalls his crucial decision to stay in the EMS.
Former British prime minister Margaret Thatcher crusaded throughout her premiership against the concept of a single currency, but her intransigence at the 1990 Rome Summit allowed her counterparts to outmanoeuvre her when she had the power to block the EU's adoption of the policy. Some of the protagonists of the talks recall the debate, including ex-Italian prime minister Giulio Andreotti, former Cabinet ministers Geoffrey Howe, Douglas Hurd and Nigel Lawson, ex-Bank of England governor Robin Leigh-Pemberton and Jacques Delors, sometime president of the European Commission.
(The series concludes tomorrow at 8pm)
(The Money Programme, tomorrow at 7.30pm, looks at the possible effects of a single currency on Germany and Ireland)