7 ms·
That currency has a fixed exchange rate to the euro. Any perceived sovereignty benefits are fictitious.
by remon 1y ago
That currency has a fixed exchange rate to the euro. Any perceived sovereignty benefits are fictitious.
- wolvesechoes 1y agoThe biggest sovereignty benefit is that it can stop following fixed exchange rate if necessary, what is much easier than moving away from euro.
- remon 1y agoIn what way? Both need a constitutional change for every country this distinction is relevant for.