World · Europe · 23 hrs ago

EU re-entry would require UK to adopt the euro, MEP says

EU re-entry would require UK to adopt the euro, MEP says

Sandro Gozi, an MEP representing France, says the UK would have to give up the pound to rejoin the European Union.

He wants Britain to be part of a more integrated EU, which he says would also involve free movement and closer European defence cooperation.

New EU members are legally required to adopt the euro.

When the UK was an EU member, it had an opt-out from joining the eurozone.

Gozi says the UK would have to apply to join under the EU’s current rules rather than keep its former terms.

All 27 EU member countries would have to approve the UK’s accession.

Prime Minister Andy Burnham has said he wants the UK to rejoin the EU in his lifetime, but Downing Street declined to comment on Gozi’s remarks.

Sources

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