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Archive Thursday, 26 October, 2000, 11:05 GMT 12:05 UK
Sunday Jan 30/2000 BBC2 19.30
Sunday Jan 30/2000
BBC2 19.30

Eurocrash
When it was launched just a year ago, hopes were high for Europe's new single currency. The Euro would help create a powerful new economic bloc to rival the United States, and it would prove stronger than the dollar. The reality has proved very different. On foreign exchange markets, the Euro has become steadily weaker. And this week, the value of the Euro slumped below that of the dollar to its lowest ever level. In an exclusive interview for The Money Programme, European Central Bank president Wim Duisenberg tells Jonathan Charles why the Euro has toppled, whether it can recover, and when Britain may join the single currency.

Own Goal
Satellite television has pumped hundreds of millions of pounds into British football. But could this apparent blessing be turning into a curse for much of the professional game? When Rupert Murdoch outbid terrestrial TV for the broadcasting rights to live league football, his money bought an exciting new world of continental stars and new stadiums. But it also brought massive wage inflation and ballooning signing on fees. Now all but very the richest clubs are finding it hard to compete for players paid 50,000 per week and more. Debts are rising, and the bankers are getting nervous about possible bankruptcies. Now, some football clubs are facing a bleak choice: merge or die. Greg Wood investigates a proposal involving two of the best-known teams in British football to bury their rivalry and join forces. Is it a realistic prospect? How will the fans react? And could this be the only way to save much of Britain's football industry from extinction?More...


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