Cryptic crossword clue
European Community overcome by mad idealism to get rid of the pound, etc

The most common and most likely answer to this crossword clue is the 10 letter word DECIMALISE

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Buddy explains!

The straight part
We know that "to get rid of the pound, etc" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case to get rid of the pound, etc = decimalise.
The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.
This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.

What does DECIMALISE mean?

DECIMALISE verb
  1. : To convert to the decimal system.

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