Despite the United Kingdom never having adopted the euro, the upcoming Brexit will have consequences for EU monetary integration.
The UK's withdrawal from the EU will heighten fears of marginalisation among the 'euro-outs', that is, the eight member states that have not adopted the euro.
Britain's departure from the EU could compel non-euro EU countries to reconsider their ties with the euro area.
The eight euro-outs (Bulgaria, Denmark, Croatia, Poland, Romania, Sweden, th...
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Dr Pawel Tokarski is a senior associate at the German Institute for International and Security Affairs (SWP), Serafina Funk is a scholarship holder at the French National Assembly.