this post was submitted on 05 Mar 2024
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[–] Rubanski@lemm.ee 4 points 7 months ago (2 children)

Why does the pound have to go?

[–] MaggiWuerze@feddit.de 14 points 7 months ago* (last edited 7 months ago) (1 children)

Because countries that join nowadays have to adopt the Euro. Denmark, for example, joined when that was still allowed, so they still have their DK.

[–] Flax_vert@feddit.uk 9 points 7 months ago

Apparently it's dependent on the signing of a certain agreement before a certain date, which the UK did sign, so it's actually debated on whether or not Brexit made that signature null or not.

[–] dan@upvote.au 8 points 7 months ago* (last edited 7 months ago) (1 children)

Yeah I'm confused about this statement... There's several EU countries that don't use the Euro, like Poland and Czechia.

[–] Rinox@feddit.it 8 points 7 months ago

Some joined when the rules stated that you could choose. Some others are just waiting to meet conditions that will allow them to enter the Eurozone (like Croatia did last year)