The UK had a unique position, they were not all-the-way in, no?
All the other EU countries gave up their currencies, I figured years ago the UK would eventually back out as joining fully would surely mean losing the Pound.
Or did the EU, or member countries, say they would allow full membership while keeping the Pound?
As I understand it, the EU can't just print the Euro if they want to, the way England and the US can. Or do I have it wrong? London and thus the UK is a financial center, surely the powerful people there benefit from strong relationships with government and the BoE, while they would wield but a slice of that influence in the EU as part of the Euro.
Not my area of expertise, so it was really more my intuition than anything thought out.