In 2014. Scotland votes on whether it wishes to leave the UK. One of the BIG issues revolves around which currency Scotland would have should its inhabitants be lunatic enough to leave the UK!
The future currency of Scotland, assuming a “yes” vote in next year’s vote on independence, has been questioned by supporters and opponents. Some argue Scotland would have to adopt the euro as a consequence of gaining full EU statehood, while others have called for a new currency or retention of sterling. The Fiscal Commission Working Group, a panel of experts established by the Scottish Government, was asked by ministers to plan for how Scotland would become independent if there is a “yes” vote in the 2014 referendum. They concluded that “it would be in Scotland’s interests to retain Sterling immediately post-independence”. The report, published on Monday, said that Scotland’s economy was “strong enough and sufficiently aligned with the rest of the UK that a separate currency would not be necessary”.
Just one slight problem with that. Who says the remaining part of the UK would WANT Scotland to keep OUR currency? How about they be good little model Europeans and trot off into Euroland..with ALL that entails?