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Currency questions for Scotland

Posted on 25 April 2013

Even if Scotland votes for independence and manages to keep the pound (No currency union with independent Scotland, says Osborne, 24 April), there’s another problem facing its choice of currency.
There is a risk that the rest of the UK will decide to leave the EU, leaving Scotland using a currency controlled by a non-EU state. It’s hard to believe that this will be a practical proposition, and harder still to believe that the EU will stand for it. English and Scottish politicians haven’t mentioned this issue so far. They may be trying to consider the Scottish and EU referendums as separate matters. But don’t worry, I’m sure the European Central Bank is considering it………………………………………..Full Article: Source


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