An independent Scotland would have to choose between using the pound and joining the EU, the bloc's former economic affairs commissioner has said.
In a letter to the UK's treasury minister Danny Alexander released on Tuesday night (2 September), two weeks before Scotland's four million voters decide whether to leave the UK, Olli Rehn stated that the Scottish government's plan to keep sterling without a formal currency union with London would be incompatible with EU membership.
"As...
Enjoy access to all articles and 25 years of archives, comment and gift articles. Become a member for as low as €1,75 per week.
Already a member? LoginBenjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.
Benjamin Fox is a seasoned reporter and editor, previously working for fellow Brussels publication Euractiv. His reporting has also been published in the Guardian, the East African, Euractiv, Private Eye and Africa Confidential, among others. He heads up the AU-EU section at EUobserver, based in Nairobi, Kenya.