Jim Marshall MP addresses the Midlandstextile and apparel Industry In a statement made to the House of Commonsback in January, the Chief Secretary to the Treasury, Mr Alan Milburn, said:"Overnight, from 1 January, the euro has become the world's second most importantcurrency. It is now a reality, and not only for the 11 nations that joined the first wave.It is a reality also for the city of London and for the tens of thousands of businesses inour country that trade with Europe day in and day out. Its significance will increase, notdiminish.