4 ms·
Yet not all nations are in Schengen. If Scotland were allowed to join the EU (despite Spain's veto) I have no doubt there would be an acceptance that it could r
by iso1631 4y ago
Yet not all nations are in Schengen. If Scotland were allowed to join the EU (despite Spain's veto) I have no doubt there would be an acceptance that it could remain in the CTA with Ireland and the rest of UK
- closewith 4y agoI'd have the opposite view. It seems unlikely that the bloc will ever provide opt-outs going forward given the difficulties they've caused to date.
- iso1631 4y agoUnlike Denmark, Sweden doesn't have an optout for the Euro, yet hasn't joined.
- lbschenkel 4y agoThey used a loophole: to adopt Euro you need to be in ERM-II for a while as a pre-requisite, and Sweden found out that there is no rule imposing a timeframe for it to join ERM-II so it is deliberately not joining. IMO this is complying with the letter of the agreement it has with the EU but not the spirit. As far as I understand, the EU closed this loophole for new members but it is turning a blind eye for Sweden. It is fascinating to me that in practice there is this reversal of roles: Sweden is supposed to adopt the Euro and yet has a free-floating currency, and Denmark that has an opt-out deliberately chose to be in ERM-II and has a currency that is pegged to the Euro.