As a reserve currency the UK Government should have the same independent controls over Sterling as the EU Central Bank/Commission over the Euro

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As a reserve currency the UK Government should have the same independent controls over Sterling as the EU Central Bank/Commission over the Euro

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The requirement for the UK not to join the Euro is enshrined in EU legislation. Sterling is the worlds 3rd revserve currency.
Therefore the minimum requirement to meet this EU obligation and for the stability of Sterling (and the resultant effect on the Euro) is that the UK Government (as the 2nd/3rd largest economy in the EU) must be free to take whatever independant legal and legislative measures are required (free from EU commission interference), of fiscal, monetary, banking and macro/micro economic to ensure the health and strength of Sterling, (though obviously cognisant on the effects on the Euro and EU and visa versa).
This ability not only affects the growth of the UK but the EU as a whole. It must be a partnership of equal central banks. Along with the other central banks of the US, Japan and other G8 members.
All EU legislation must reflect this requirement.
Ref Jefferson's agreement to Assumption, Times 9/1/13

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