Tuesday, December 13, 2011

Denmark To Follow UK's Lead and Stay Out of New Euro-pact

I wonder if they will throw stones at Denmark the way they have been throwing them at the UK. Denmark unlikely to vote on EU crisis pact - CBS News

The Danish referendum under which they joined the EU, specifically said they would stay out of the single currency. (Maintaining control of their own monetary policy.)
In 1993, Danish voters approved a revised EU treaty, allowing Denmark to stay outside a single EU currency.

Helle Thorning-Schmidt says the waiver "must be respected,"
I wouldn't count on it. Changing the rules without bothering to ask the people if they approve is SOP of the Brussels crowd these days. (Democracy is so untidy.)

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