Thread: The U.K and the E.U - In or out?

Originally Posted by PAG

The constant referencing to Scotland keeping the pound fail to recognise that Scotland already has it's own pound. They print their own notes, and in the event of independence one assumes that Scotland would receive it's share of reserves on which to base it's value. Think US/Canadian dollar (or Australian/New Zealand etc).

Subsequent to independence, and after complying with current entry criteria to the EU, they would be obliged to adopt the Euro, again when their national finances met that further criteria.

Pretty sure none of that is actually correct.