I suppose we are still a significant addition to Euro GDP.
In addition, for historic reasons, if no other, there is the defence capability and NATO membership.
On the soft side, we are a bridge to the US and still have diplomatic influence within Commonwealth Countries.
In addition, for historic reasons, if no other, there is the defence capability and NATO membership.
On the soft side, we are a bridge to the US and still have diplomatic influence within Commonwealth Countries.
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Hopefully the EU would take the long view.
So we'd need to find something that convinces the EU that despite the opt-outs, we're still committed to the EU project.
Depending upon your economic viewpoint the € has a very tight jacket, which if you view economics through the lens of MMT, might be a problem(s).
Don't they think one level of neoliberalism is enough?
As for giving up the £ and adopting the € 🤦