Quote:
Originally Posted by LondonRoad
....and with currency union?
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An interesting question. EU law says banks must be in the member state where most of their customers are. Whether they would make an exception for Scotland, if its banks were in the same currency zone, I don't know.
However, there will be no currency union with an independent Scotland. If there is a CU, then it will be part of a face-saving framework that allows Salmond to say Scotland is independent ... but it won't be. A nation of 5 million people that has to have its budget approved by the next-door nation 10 times bigger is not independent.