gw2 gold David Clegg Currency union policy is off the table.
David Clegg Currency union policy is off the table.. what Alex Salmond does next will shape the courTHE next few hours will be a defining moment in the independence debate. First Minister Alex Salmond currently finds himself under heavy fire and at immediate risk of complete defeat. What he says and does next will shape the course of history. In a speech in Edinburgh this morning, UK Chancellor George Osborne has formally ruled out the rest of the UK joining a sterling currency union with an independent Scotland. [url=http://www.goldvk.com/Game.gw2_us.Guild Wars 2.gw2.Gold.Info.aspx]gw2 gold[/url] He has also shut down Salmondâs main avenue of response - that the UK Government is bluffing and will change their mind after a Yes vote. In a rare if not unprecedented step, Osborne has released private advice by the impartial Permanent Secretary to the Treasury Nick Macpherson advising him to reject the idea. [url=http://www.goldvk.com/Game.gw2_us.Guild Wars 2.gw2.Gold.Info.aspx]gw2 gold[/url] âI would advise strongly against a currency union as currently advocated,â it says. What we have conclusively learnt this morning is that a currency union is off the table. The Bank of England will not remain lender of last resort for a go-it-alone Scotland and will not guarantee our banks. There are potentially hundreds of thousands of referendum votes at stake here. This is about the pound in your pocket - the issue consistently cited as the most important to undecided Scots. [url=http://www.goldvk.com/Game.gw2_us.Guild Wars 2.gw2.Gold.Info.aspx]gw2 gold[/url] Salmond now has no option but to unveil his plan B on currency. None of the options look particularly attractive. 1. He could say Scotland will independently use sterling with no controls in a manner similar to the way Panama use the US dollar. 2. He could pledge to set-up a separate currency, perhaps pegging it to the pound to begin with. 3. He could return to his previous currency plan and say Scotland would join the euro. xboter 2014
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