At 12/6/12 07:24 PM, Tony-DarkGrave wrote:
At 12/6/12 11:49 AM, theburningliberal wrote:
I'm not sure what the likelihood of separation actually is, but it would seem to me that a separation would require a lot of new infrastructure spending while potentially harming their overall economy by losing many benefits they currently enjoy as being part of the Euro Zone. I question the wisdom of it.they could separate from the UK and become a independent nation and still be part of the Euro Zone and still get benefits they just have to give a application.
It's not just about the application - the Scottish government who is proposing separation wants to keep the pound and is proposing that, legally, following separation they will not have to do the application process over again. Their argument is that the current benefits extended to the UK will still continue to apply to Scotland even if they separate, which apparently isn't the case. I am not fully aware of Euro Zone law on the matter, but there is a lot of talk that the Scottish government is wrong on this issue.