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Currency union ‘would not require tough constraints’ economists claim

Posted on 08 May 2014

A currency union between an independent Scotland and the rest of the UK would not require the countries to sign up to tough rules on tax and borrowing, or a banking union, a prestigious research body has concluded.
The findings, by the National Institute for Economic and Social Research, runs counter to the Scottish and UK government’s acceptance that such a fiscal pact and union would be necessary………………………………………..Full Article: Source


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