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"England" isn't in the euro, it has a central bank that can and will print money if required. If anything chances are the UK will be on the receiving end of any
by dageshi 14y ago
"England" isn't in the euro, it has a central bank that can and will print money if required. If anything chances are the UK will be on the receiving end of any money transferred out of Greece, Portugal, Spain e.t.c. because it's within the EU (and therefore other EU citizens can easily open bank accounts) but not inside the eurozone (the UK has not funded any of the EU bailouts except via contributions to the IMF)
- _pferreir_ 14y agoi.e. "has one's cake and eats it"
- _pferreir_ 14y agoi.e. "has one's cake and eats it"