Quote: LeagueDweeb "Set up their own central bank & print it's own money. Simply peg it to the English £ for cross border trade, vary it as they choose for foreign exchange.
Join the euro & take advantage of the ECB.
Plenty of options avaialble.'"
Bless. if that was the way to ease your financial problems, we could all do it. The Bank of Rumples has a nice ring to it.....a spot of nightshift on the old printer, and I'll be a millionaire come morning!
and, eerm, you might want to look into the criteria you have to meet before you can apply to join the Euro. Both Spain and Greece met it, and look how that turned out for their economies.