Scotland the EU and Joining the Euro

This is from the European Commission website. It offers guidance on what happens when a new candidate member state to the EU seeks to join the European Union, and also the position affecting member states of the EU. It clearly states that two member countries have an opt-out on the euro: Denmark and the UK. Sweden does not have an opt out but has yet to fulfil all the criteria for joining the euro. Since an independent Scotland would not be either of the two opt-out countries, the presumption in the European Commission guidance is obvious. Here's a selection:

Adopting the euro:

The European Union grows as candidate countries meet the conditions for entry and accede to the Union – this process is known as enlargement. Similarly, the euro area is enlarging as non-euro-area EU Member States meet the conditions for entry and adopt the euro.

The euro area includes those EU Member States that have adopted the single currency. But the euro area is not static – under the Treaty, all EU Member States have to join the euro area once the necessary conditions are fulfilled, except Denmark and the United Kingdom which have negotiated an 'opt-out' clause that allows them to remain outside the euro area.

Sweden is also expected to join the euro area in the future, but has not yet qualified.

Progressive enlargement, progressive integration

An accession country that plans to join the Union must align many aspects of its society – social, economic and political – with those of EU Member States. Much of this alignment is aimed at ensuring that an accession country can operate successfully within the Union’s single market for goods, services, capital and labour – accession is a process of integration.

Adopting the euro and joining the euro area takes integration a step further – it is a process of much closer economic integration with the other euro-area Member States. Adopting the euro also demands extensive preparations; in particular it requires economic and legal convergence.