Sturgeon all over the place on indy Scotland currency – 12 days ago it was the pound now it’s to be the euro

12 days ago, on 10th June, the BBC reported First Minister, Nicola Sturgeon, as saying that she would want an independent Scotland to continue to use the pound, regardless of the result of the EU Referendum:

‘The pound is Scotland’s currency as much as it is England’s currency. That’s the currency I think all parts of the UK should use and it’s the one I’d want Scotland to use.

‘Scotland uses the pound. It’s our currency just as it is your currency, and that’s the currency I think we should continue to use.’

Today, 22nd June, The Herald newspaper reports the First Minister as saying that if the UK votes to leave the EU tomorrow – which would see idyref 2 ‘definitely on the table’ [a risibly transparent ‘definitely maybe’] – she would countenance an independent Scotland using the euro.

The argument – and don’t laugh – is that the pound might take a drop in the aftermath of a Brexit, making the euro a more attractive option.

As time in office goes on, the First Minister is progressively being revealed as a poser, possessed of far less competence than she has made it seem.

As well as being evidence of having no idea whatsoever about what an independent Scotland might do for money, jumping for the euro only twelve days after she had settled for the pound, this latest stance of the FM’s is startlingly – worryingly – ignorant.

If the UK leaves the EU, with the loss to that union of one of its minority of net contributing members, the fourth largest such and one of the world’s strongest economies, the already troubled euro will take a much greater dive and for much longer than will the pound.

With indyref 2 definitely maybe on the table in the event of a Brexit in which the Scottish vote was for staying in, the thought of lashing this country to the euro is not going to drive the masses to the ‘Yes’ ballot box.

The vulnerability of that currency is generally well known, whether or not the reasons for that vulnerability are as generally understood.

It may be, of course, that the FM is trying to cover a specific later retreat.

If there were a Brexit and if she were then to be forced into indyref 2, which manifestly would be against her wishes and if, which is now highly improbable, Scotland then opted to leave the British union, any independent membership of the EU would certainly require Scotland to use the euro.

Ms Sturgeon may be taking up a self protective advance position of appearing to be drawn to using the euro anyway, to guard against later charges of  deceiving the Scottish electorate and of poor negotiating ability.

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Related Articles & Comments

  • Mince! She’s keeping her options open. You fail to state how many states have adopted the EURO even where it was a condition of their admission to the EU. Can we have some balance?

    Hot debate. What do you think? Thumb up 4 Thumb down 22

    Graeme McCormick June 22, 2016 12:03 pm Reply
    • There was something on the radio this morning about the unpopularity of the EU increasing quite dramatically in countries not using the Euro with the prospect of the UK leaving the EU.

      Pity the information on misconduct cases before European Commission’s internal disciplinary committee (that was obtained with a FOI request) did not receive wide coverage in the media. It made MPs and MSPs look a bunch of amateurs at misconduct!

      Like or Dislike: Thumb up 8 Thumb down 3

      Lundavra June 22, 2016 12:52 pm Reply
    • You cannot question FA’s balance , when all FA is doing is reporting is NS’ and the SNP’s self evident continued confusion as to what currency option the SNP will adopt, in the event of any IndyRef(2).

      Joanna Cherry SNP MSP suggested rejecting sterling on Monday’s BBC Scotland EU debate.

      It is equally self evident that an independent Scotland will not gain entry to the EU unless it adopts the Euro. Maybe someone from Brussels has whispered this inconvenient truth in NS’ ear?

      ALL polls show that the SNP would lose any Indyref(2) on basis of adopting the euro.

      Brexit is NS’ worst nightmare

      Hot debate. What do you think? Thumb up 23 Thumb down 3

      Scotnat June 22, 2016 1:13 pm Reply
      • If the imbeciles voting leave succeeded in their inane venture,we are all stuffed,you included.

        Hot debate. What do you think? Thumb up 2 Thumb down 25

        Nae Fear Here June 22, 2016 2:02 pm Reply
        • NFH

          You are a predictable fountain of consummate inanity.

          Hot debate. What do you think? Thumb up 15 Thumb down 4

          Scotnat June 22, 2016 2:33 pm Reply
          • And you are a walking example of fertiliser.

            Hot debate. What do you think? Thumb up 4 Thumb down 13

            Nae Fear Here June 22, 2016 7:14 pm
      • All Polls? Which polls, please, and when? I only ask because I have no recollection of ANY poll asking that specific question.

        Like or Dislike: Thumb up 0 Thumb down 1

        jake June 22, 2016 8:55 pm Reply
          • Thanks for the prompt reply. It’s an interesting enough opinion piece to which you’ve linked albeit superficial and poorly researched. It makes mention of the Kantar TNS poll and I’ve taken the time to look at the published datasets for that particular opinion poll, which I suspect neither you nor the author of the article have done. The poll does ask about Scottish voting intentions in the event of Brexit, but there is nothing about the Euro or the Pound and about it’s influence on these voting intentions.
            Your contention that “ALL polls show that the SNP would lose any Indyref(2) on basis of adopting the euro” isn’t supported by the article or the opinion poll referred to in it. If you don’t have other polls on which you base your claim about “ALL” polls, then I suggest your claim is….shall we say, polemically exaggerated.

            Like or Dislike: Thumb up 1 Thumb down 0

            jake June 22, 2016 10:59 pm
  • Is that a fact or did you hear it on the BBC?
    If the clowns down south vote Leave,watch the immediate mobilisation of the YES campaign. This time Yoons lose!

    Hot debate. What do you think? Thumb up 2 Thumb down 20

    Nae Fear Here June 22, 2016 12:37 pm Reply
    • NFH. What happens if the majority of Scots vote for ‘Leaving’ the EU tomorrow; will the First Minister still feel empowered to hold Indy2?
      No doubt you’ll be in the best of moods if ‘OUT’ wins.

      Like or Dislike: Thumb up 10 Thumb down 2

      Alistair June 22, 2016 5:32 pm Reply
      • If Scotland votes out tomorrow I’ll eat my own head.i would prefer in to win just to deprive England of its Independence.

        Like or Dislike: Thumb up 1 Thumb down 10

        Nae Fear Here June 22, 2016 7:19 pm Reply
  • I keep reading statements about the Euro like the one above, “The vulnerability of that currency is generally well known, whether or not the reasons for that vulnerability are as generally understood”, and I have to keep scratching my head as I remember getting 3 Euros for every 2 GBP when buying anything on the holiday flights in the year we joined.
    Without looking it up anywhere, that suggests to me that the exchange rate on entry must have been over 1.50 to the Pound. It’s less that 1.29 today and was down to parity, or less, before the attempted destruction of the European economy was set in train by our alleged allies.
    I invested some money in European funds when ISA’s were called PEP’s and I keep checking them, expecting the worse with all the bad reports in our news, but they just seem to grow and grow, over 350% from day one.
    My better half has a fund for Smaller European Companies which is not as old as mine but is on 420% profit.
    I want out of the EU, not because it is not successful, parts of it obviously is, but because of it’s creeping expansion into parts of the World that are not remotely similar to what we have known as Europe. This expansion is for the benefit of those who are desperate to maintain their worldwide hegemony, who fear the rising powers of Russia and China. I would like to see all the countries of Western Europe pull out and get together again under a more democratic structure. There is no United States of Europe and never will be as long as it is directed from outside.

    Hot debate. What do you think? Thumb up 16 Thumb down 1

    Murdoch MacKenzie June 22, 2016 1:27 pm Reply
  • “The argument – and don’t laugh – is that the pound might take a drop in the aftermath of a Brexit, making the euro a more attractive option.”

    If that’s the understanding of economics at the top of Scotland’s political pile then all I can say is, “Lord help us!”

    Hot debate. What do you think? Thumb up 13 Thumb down 2

    Andrew Argyle June 22, 2016 6:27 pm Reply
  • Nicola Sturgeon – the biggest brass neck of them all. I cannot be the only one who watches and reads in amazement at some of the pronouncements she is coming out with at the moment.

    “My message to people across Scotland is let’s get out tomorrow and vote to protect our place in the single market, the biggest in the world, and all the jobs and investment that depend on that.

    “Let’s get out to protect our freedom of movement. I’m here at Edinburgh Airport surrounded by people who are getting on planes to go to other European countries, that’s a really important right we’ve got. And let’s get out and protect our place in the world.

    “What do we want the message that is sent to the world tomorrow to be? I hope it’s one of a country that is outward looking and willing to co-operate and collaborate with other independent countries around the world.

    “To people in Scotland who perhaps look at this and think it’s all about an internal Tory disagreement, I’d say it’s really important to us, it’s our future, our place in the world that’s on the ballot paper tomorrow, so let’s get out and protect it.”

    Is this truly the same woman who two years ago was wanting to drag Scotland out of the UK? Even the most die hard SNP supporter must be seriously questioning what the SNP actually stnd for. WHereas with Westmisnter, the powers are going to devolved administrations, the direction of travel with the EU is the total opposite – and Sturgeon supports this?

    The result tomorrow must be at the very least 45% to leave in Scotland.

    Like or Dislike: Thumb up 10 Thumb down 3

    JB June 22, 2016 8:05 pm Reply
    • Does she think they will be closing Edinburgh Airport on Friday when have voted to leave the EU? I seem to remember people were flying from there before we joined the EU.

      The Remainers have come up with some ridiculous claims. Chukka was on earlier was saying that it is impossible to have a free trade area without free movement of Labour.

      Like or Dislike: Thumb up 4 Thumb down 2

      Lundavra June 22, 2016 10:31 pm Reply
  • AA/JB

    Irrespective of the EU Ref result , the EU Ref campaign waged by NS and the SNP, has shown their naive and illogical position on ‘Independence’ .

    NS condemned Project Fear, yet that is exactly what she has indulged in. First she claimed Brexit could have “profound consequences” for the NHS , and now, for some bizarre reason unfettered travel within Europe is under threat.What other asinine fears does NS consider Brexit poses ?

    NS views on currency options for an Independent Scotand, as she has stated in the last week are untenable, and her latest outburst, as offered by JB above, will live to haunt her , as it amounts to the best riposte to any possibility of her pushing for Indyref(2)

    Indyref(2) RIP

    Like or Dislike: Thumb up 8 Thumb down 1

    Scotnat June 22, 2016 8:41 pm Reply
    • Usual Ukok drivel!
      Still bitter together

      Like or Dislike: Thumb up 1 Thumb down 11

      Nae Fear Here June 22, 2016 9:27 pm Reply
  • I epeel to al yo scots to vote remane. I luv La France and my Boney Scotland.
    Mi big hefty lass gong to vote oot!
    I ev big problem noo.
    Altho I hive been heer 1 yeer,I want to go beek to France as Boris and Farage too mad.

    Like or Dislike: Thumb up 1 Thumb down 5

    Sacha Distillery June 22, 2016 9:35 pm Reply
  • Oh well, it’ll soon be over thank goodness. Whatever the outcome though, we’ll doubtless be condemned to listen to interminable dissections of the result … and how we’re just going to go down the pan whichever way … 🙁

    Like or Dislike: Thumb up 1 Thumb down 0

    ClootieDumping June 22, 2016 11:16 pm Reply
  • The First Minister’s comments are surely just a reflection of the chaotic situation that we’re in.

    Like or Dislike: Thumb up 0 Thumb down 0

    Robet Wakeham June 23, 2016 12:25 am Reply
  • To me, who would like to see Scotland taking her proper place as a country, tying ourselves to the EU makes zero sense when one considers the lack of democracy of the EU. To my mind, we’re exchanging Westminster, with whom we can at least have some kind of dialogue and pressure, for a vast largely undemocratic community where Scotland would have precious little say.

    Like or Dislike: Thumb up 7 Thumb down 0

    Jade June 23, 2016 12:30 am Reply
    • You and I want the same thing Jade. Scotland as a sovereign nation in a democratic European Union.
      The second bit looks like it is going to be the hardest part to achieve.
      I would say that as things are heading in Europe, very few Europeans will have any say at all. The people of the UK, especially those in England recognise this and I hope that whatever the result today it will bring the people of Europe together to set out where they want Europe to go and how it is to be controlled.

      Like or Dislike: Thumb up 2 Thumb down 0

      Murdoch MacKenzie June 23, 2016 8:41 am Reply

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