I guess like many until yesterday Iâd never heard of the Euro Preparation Unit. A web search hasnât turned up very much about it but I have found out is that it was established in 1997. It has previously been known as the âEuropean Preparation Unitâ and the âEU Preparation Unitâ. This was the only document I could find online (in the National Archives of all places) that explains the EPUâs purpose and plans: http://webarchive.nationalarchives.gov.uk/+/http://www.hm-treasury.gov.uk/d/EuroLeaflet.pdf So for 13 years this organisation plotted and planned for the day the Government gave the green light to enter the Euro. Of course, as the plan states in the linked document, nothing would have happened until after a Referendum with the British public agreeing to join. Not that NL had great form in keeping their promises about holding Referendums as far as Europe was concerned. What would be interesting to find out is the yearly budget of this organisation and how much it has cost the tax payer over the last 13 years.