The Natural Philosopher wrote
tim.... wrote
hugh ] wrote

AIUI an independent Scotland would have to re-apply for membership
of the Eu, assuming they wished to join, and it is a non-negotiable
condition for new members that they join the euro.

They would then be subject to fiscal control by Brussels - and do you think that lot will be able to keep their
grubby little hands off the oil revenues.

Being under fiscal control does not mean "we take your money".

These days it does, in respect of Brussels anyway.

Nope.

Cameron just told them to **** off when they wanted him to be part of bailing out Greece.

and as there is currently no common policy for oil reserves, being under fiscal control would not invent one

No but it wouldn't take very lomh to enusre that oil reserves were in fact a European Asset

Have fun explaining why that hasnt happened alread.

and would there for effectively be owned by Germany.

Fantasy.