Re: Brexit
Quote:
Originally Posted by nomadking
All that seems to have moved is the target date to 2025.
From official EU document.
Quote:
In his 2017 State of the Union speech, President Juncker announced concrete measures to address some of the remaining shortcomings identified on the previous steps of this journey. On 6 December 2017, the European Commission presented a package of initiatives to deliver on those promises.
...
The package includes :
A Communication on the further steps towards completing the Economic and Monetary Union.
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It helps if you link to things you are quoting, because context is important - in this case
https://ec.europa.eu/info/business-e...etary-union_en
Quote:
The Commission presented the Reflection Paper on the deepening of the Economic and Monetary Union on 31 May 2017 precisely to recall these gaps and outline a possible way forward. The paper was part of the broader debate on the future direction of the European integration, which was initiated by the White Paper on the future on Europe, published by the Commission on 1 March 2017.
The White Paper presented five scenarios for how the Union could evolve, depending on the choices made by European leaders. The Reflection Paper on the deepening of the EMU aimed to take this debate forward with a particular focus on the future of the Economic and Monetary Union. It proposed options to help build a broad consensus on how to take on the challenges and to give a fresh impetus to this important debate.
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From 3 hours ago, on the BBC website
https://www.bbc.co.uk/news/uk-47523168
Quote:
So will all EU members have to adopt the euro?
The short answer is no.
Some European Union countries have negotiated "opt-outs" in areas of EU policy they do not want to join.
In the case of the UK and Denmark, these opt-outs include membership of the euro currency.
So if the UK were to end up not leaving the EU, it would retain all of its current opt-outs, including that one.
A country can decide to give up any of its opt-outs, but only a national government can do this (ie the EU can't currently force a country to surrender them).
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