Iceland is facing a major decision, with a referendum on their potential EU membership, which will be held by 2027. This debate touches upon issues such as immigration, economics and sovereignty. But…
This question gets asked every time. The official position is that noone is allowed to stall forever (except denmark). Unofficially it has been recognized that Sweden joined before the euro and they’re seen as exceptional compared to Poland, Hungary, Czechia and Romania. These four countries are the focus of the ECB, but, to answer your question, since none of them meet the economic criteria yet, there hasn’t been much push from Frankfurt, since their economies aren’t stable enough for monetary union.
This question gets asked every time. The official position is that noone is allowed to stall forever (except denmark). Unofficially it has been recognized that Sweden joined before the euro and they’re seen as exceptional compared to Poland, Hungary, Czechia and Romania. These four countries are the focus of the ECB, but, to answer your question, since none of them meet the economic criteria yet, there hasn’t been much push from Frankfurt, since their economies aren’t stable enough for monetary union.