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Since the introduction of the Euro, joining the eurozone is a requirement of being in the EU. My impression is that the UK and Denmark were given opt-out becaus
by Hasnep 6y ago
Since the introduction of the Euro, joining the eurozone is a requirement of being in the EU. My impression is that the UK and Denmark were given opt-out because we were already part of the EU at the time.
- rasz 6y agocough Bulgaria, Czech Republic, Hungary, Latvia, Lithuania, Poland, Romania cough I can assure you there is no way Poland adopts Euro, we will sooner Pexit than let Germany manipulate our currency for their profit. Just look what they did to Greece.
- ben_w 6y ago> Just look what they did to Greece. Bailed them out of their own short-sightedness, helping to negotiate on Greece’s behalf to force the people Greece/Greek banks owed money to agree to not get it all back, and still helped them as best as possible even though they rejected the terms of the third bailout? Don’t get me wrong, I don’t claim to know economics well enough to argue how good the Euro is or what reforms it might need to make “The EU bails out Greece” an equivalent statement to “The USA bails out Alabama”, but politically the EU were good on this one.