The eight EU members who do not currently use the euro may be forced to adopt it in a bid to speed up monetary union in the wake of Brexit.
The Daily Express reports that Denmark, Sweden, Bulgaria, Croatia, Czech Republic, Hungary, Poland and Romania will be given an ultimatum by the President of the European Commission, Jean-Claude Juncker .
The German newspaper Frankfurter Allgemeine Zeitung claimed there were plans afoot to accelerate the ‘completion’ of the monetary union.
Brexit campaigners claim the plans show that the Leave vote in last week’s referendum proved a ‘great escape’ for Britain.
Earlier this week Czech foreign minister Lubomir Zaoralek said the EU’s chief bureaucrat was a ‘negative symbol’ of the kind of federalism British voters rejected in the referendum and called for him to resign in the wake of Brexit.
But Juncker is resisting pressure to go and is instead planning to speed up European integration.
Britain’s Lord Hill resigned as the European Commissioner for Financial Stability, Financial Services and Capital Markets Union after the Brexit vote and has been replaced by Latvia’s Valdis Dombrovskis.
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