‘Euro opt-outs under threat’
By Mark McLaughlin
Published: 17/10/2012
An independent Scotland would lose all of its international rights and obligations while the rest of the UK would continue as before, according to constitutional experts.
The Scottish Government insists Scotland would become a joint-successor state to the existing international treaties and memberships alongside the remainder of the UK.
But three constitutional experts told the Commons foreign affairs committee Scotland would start with “a clean slate”, potentially losing all of the UK’s existing European Union opt-outs of the euro currency, the Schengen passport-free travel area, and its budget rebate. Scotland may also have to erect border posts with the remainder of the UK, it was suggested.
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