Brown offers Blair olive branch over euro / Brown offers Blair an olive branch over euro

Ed Balls, Chief Economic Adviser to the UK Chancellor, Gordon Brown, delivered a speech in Oxford on 4 December 2002 in which he sounded the most positive note on the euro heard from the Treasury for a long time. And speaking to the Parliamentary Labour Party, also on 4 December 2002, the Chancellor said he believed that a euro referendum could be won decisively, if the government said its five economic tests had been passed.