They made a decision and are running with it
I don't think that is quite true. The people of NI have a veto over changes to their status but they would need the consent of the people of the 26 counties to become part of a UI, same as they would need the consent of the Russian people to become part of the Russian Federation.The Good Friday Agreement says that only the people of NI will decide on the future status of NI.
This would be the key to get it over the line. The Brits would be delighted to get out of Ireland and they'd pay big money to do so, viewing it as money well spent.the UK agreed to pay a very large amount of money for a transitional period ... and given the shambolic Brexit negotiations I'd only agree to that after the transitional money was agreed and signed for in blood.
It's an interesting point but the financial gurus would argue that this is an illusion. The exchange rate is the exchange rate. Certainly I would envisage that you would have the option of keeping your deposits in sterling or converting to euro, an option which currently exists in theory.
- We'd get screwed on the exchange rate - when the Euro first came in we got around 1.4 / 1.5 Euro to the pound, now you're lucky if you get 1.10 - wages, investments and pensions would take a serious hit if they were to be converted to Euro at todays rate.
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