[nocoiner]

Presumably this would be implemented through some sort of ERM/ECU-like mechanism during a transition period?

I’m generally in favor of the European project, and think the last 75+ years of peace (ex Ukraine) speak for itself. And I understand the intellectual underpinning of why the Euro is a vital component of that. But I also can’t shake the feeling that it’s a bad idea for the vast majority of countries to forfeit their financial sovereignty.

And in this case, this looks a lot to me like tying two rocks together and hoping that they float.