Sure, but a lot of EMU members never met the criteria (if you mean Maastricht), so it’s always a per-country decision.
Anyway, UK opted out at the beginning iirc (bcs politicians didn’t want to lose power), so I’m just saying we don’t let them have that luxury again (that € isn’t negotiable).
So Sweden will not join the Euro without a referendum, even though they don’t have an opt out.
Sweden is a member since before the Euro. That’s one of the special treatments pre-Euro member states get. A rejoining UK would be treated like a new member and better come into line.
That’s already a condition. New members cannot opt out of the Euro once the criteria are met.
Sure, but a lot of EMU members never met the criteria (if you mean Maastricht), so it’s always a per-country decision.
Anyway, UK opted out at the beginning iirc (bcs politicians didn’t want to lose power), so I’m just saying we don’t let them have that luxury again (that € isn’t negotiable).
One of the criteria is to deliberately peg your currency to the Euro for two years. This is optional and you can simply never do it.
So Sweden will not join the Euro without a referendum, even though they don’t have an opt out.
Sweden is a member since before the Euro. That’s one of the special treatments pre-Euro member states get. A rejoining UK would be treated like a new member and better come into line.
https://economy-finance.ec.europa.eu/euro/eu-countries-and-euro/sweden-and-euro_en