Quote:
Originally Posted by 1andrew1
It's not me who's suggesting that Scotland will join the EU any time soon! Others have suggested this will happen in the event of an independence vote and you have suggested some reasons as to why it won't. But I'm not sure a country having its own currency is an EU entry requirement.
It's WTO rules that necessitate require trade borders.
How much would Scotland cost the EU? It's far richer than accession country Republic of North Macedonia.
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There would still need to be hard borders etc, in the meantime.
They need their own currency in order to demonstrate fiscal responsibility.
They would then have to give up that currency to adopt the Euro.
Whatever way you look at it, Scotland is running a deficit of well over 3%. Scotland and Wales are looking for the EU to prop them up.
If by some miracle Scotland no longer had a deficit, then they definitely would have, after contributing to EU funds.
North Macedonia's deficit for 2019 was around 2%.
The amount of Scotland's annual deficit is more than 10 times the amount of North Macedonia.
EU countries cannot have trade agreements outside of the EU. Scotland cannot have a trade deal with the UK and be a member of the EU.