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Shorter article: UK has to join the euro or GTFO.

But no explanation as to why or what mechanism will prevent remaining in the EU even if the eurozone manages to pull out of the nosedive.

We used to hear similar things about Sweden's relationship to EU before the crisis. Then it was always from the pro-euro camp, but essentially the argument works for those advocating leaving to. That this dualistic choice does not exist and is unlikely to exist even if the eurozone establishes a euro-Treasury can be handwaved if your goal is to set up a conflict that you think benefits your side.

Say that the eurozone establishes a more federal state (with treasury) for eurozone-members only. Then I expect the parliament to get a eurozone-only committe to supervise and otherwise the whole affair will trott along, just as the UK has managed to have partial devolution.

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by A swedish kind of death on Fri May 3rd, 2013 at 01:37:29 PM EST

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