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Being this late to the party and not that powerful of a country, I would be willing to bet the EU would force them into it as a condition to join.
by franga2000 2y ago
Being this late to the party and not that powerful of a country, I would be willing to bet the EU would force them into it as a condition to join.
- audunw 2y agoWhy? It’s in the EUs interest to not create horror stories about what happens when a country joins. It makes a lot more sense to make Iceland decide on the timeline for adopting the Euro themselves, so the transition is more likely to be smooth. And this is exactly what the policy for adopting the Euro has been. A shock therapy Euro adoption is not in the interest of anyone.