this post was submitted on 05 Mar 2024
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Save us, EU. You're our only hope. Sincerely, USA
Cries in britland
You are welcome to rejoin
Actually probably not. Not without major concessions. The pound will have to go which they will never accept unless they have absolutely no other choice
The concessions are the same as for any other EU member, which is fair
Why does the pound have to go?
Because countries that join nowadays have to adopt the Euro. Denmark, for example, joined when that was still allowed, so they still have their DK.
Apparently it's dependent on the signing of a certain agreement before a certain date, which the UK did sign, so it's actually debated on whether or not Brexit made that signature null or not.
Yeah I'm confused about this statement... There's several EU countries that don't use the Euro, like Poland and Czechia.
Some joined when the rules stated that you could choose. Some others are just waiting to meet conditions that will allow them to enter the Eurozone (like Croatia did last year)
That would be such a mistake and only serve to cause more division, because as you say, the UK would never accept it. Neither would multiple countries already in the EU that also use their own currency.
The EU, generally, are pragmatic. They'd much rather get other concessions than wasting political capital on trying to enforce the Euro on the UK.
E: downvote all you like, but that's realpolitik. The EU isn't going to pass up the second largest economy in the continent over something so trivial that they don't even pressure much smaller countries into it. Pure fantasy from people who don't have a clue.