Great Nepal wrote:Dumb Ideologies wrote:
There is a wider question as to whether the bean-counters and assessors would be happy to let them to join. Scotland would, in the event of a "yes" independence vote, be in the process of divorcing itself from the partner who a huge percentage of its trade is with, be heading into a period of economic uncertainty, and be wanting to imminently join the Euro. I'd imagine that there'd be a lot of concern about the potential for a failing Scotland to become the next Greece, undermining a struggling European project even further.
Or it could join EU without joining the Eurozone with the agreement that it will eventually join the Euro pending its economic stabilization, as there is precedent for; therefore not having that impact.
Fair. I assumed they'd necessarily join the Euro immediately. An intermediate currency between leaving the UK and joining the Euro, perhaps? Two independent countries - presumably with distinct monetary and fiscal policies - would have to have separate currencies, wouldn't they?