r/europe • u/Corp-Por Slovenia • May 14 '25

Data UK Citizens Supports Rejoining the European Union

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u/LittleSchwein1234 Slovakia May 14 '25

It has happened multiple times over the past. Most of the EU doesn't give a damn fuck whether Britain uses the euro or not.

Fisheries and maybe some Spanish nationalism will be way bigger issues than the pound, mmw

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u/Thoth_the_5th_of_Tho May 14 '25 edited May 14 '25

Britain switching to the pound euro would be a bad move, for the EU and the UK. The pound is a valuable asset, flexibility in monetary policy has been proven again and again to be useful, and the benefits of unified currency are marginal.

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u/LittleSchwein1234 Slovakia May 14 '25 edited May 14 '25

You meant euro, right, in the first sentence?

I agree, I don't see why I should be against Britain keeping the pound. It wouldn't benefit me at all and it's good to have another European democratic power with an important and stable currency.

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u/Thoth_the_5th_of_Tho May 14 '25

'One size fits all' monetary policy was in retrospect, not a great idea. And if your goal is European competitiveness on the global stage and against the dollar, losing the GBP will weaken Europe as a whole, since a very large chunk of the UK's financial sector share will switch to the dollar, not the Euro.

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u/TheTentacleBoy May 14 '25

'One size fits all' monetary policy was in retrospect, not a great idea.

It was great for France to have a strong currency again after we completely face-fucked the New Franc that we introduced to replace the Old Franc that we had to let go because it had been face-fucked to death.

Overall, it's been pretty great to have monetary policy out of the direct hands of French politicians.

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u/JPA-3 May 14 '25

as a spanish I don't think Spain would really be against it.

The amount of expats/tourists is much more important than any gibraltar or other nationalistic issues.

They'd try to get some concessions but I wouldn't imagine thet would try to veto them

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u/NiftyLogic May 15 '25

Can someone enlighten me why fishery rights are such a huge topic in this discussion?

I mean, the economic impact of fishery as a whole is probably less then 1%, why does anyone really care?

Sounds to me like some "national pride" thing if anything.