Euro starts to be defacto currency in the UK

[original PM]

Why the eurozone is going backward – POLITICO

Nope.

[BlasterBates]

The US government, the European Central Bank and the Central Bank of Japan don't offer loans in a foreign currency, but countries such as Panama do.

just saying

[BlasterBates]

Epic fail, as usual...

You think the BOE wants to offer loans in EUR ?

It is doing it because it has no practical choice.

I mean you aren't "forced" to work are you

[Mordac]

Bank of England forced to offer loans in EUR and rely on the European Central Bank

Vassalage begins as the Bank of England becomes a puppet of the European Central Bank.

If the Euro were to fall apart, the BOE will be screwed as well.

Epic fail, as usual...

[DaveB]

Bank of England forced to offer loans in EUR and rely on the European Central Bank

Vassalage begins as the Bank of England becomes a puppet of the European Central Bank.

If the Euro were to fall apart, the BOE will be screwed as well.

Ummm, where in the article is that headline described? In fact where in the article does that headline appear?

Brexit LIVE: Bank of England ADOPTS EURO ahead of Brexit as it warns of 'financial risks'

THE Bank of England has said it will allow lenders to borrow from it in euros, as well as in pound sterling, from next week as Brexit deadline day approaches.

By LAURA MOWAT
PUBLISHED: 08:12, Tue, Mar 5, 2019 | UPDATED: 12:26, Tue, Mar 5, 2019

The swap agreement means that the Bank of England (BoE) will offer to lend euros to UK banks and the European Central Bank will receive pound sterling from the BoE in exchange for the euro. This comes as Emmanuel Macron has sparked a vicious backlash for claiming Brexit was the result of an “irresponsible lie” and saying the situation represents the worst crisis since the Second World War. In the French president’s letter to the ‘Citizens of Europe’, published in a number of publications across the continent and in the UK, he said: “Who told the British people the truth about their post-Brexit future?"

[BlasterBates]

Bank of England forced to offer loans in EUR and rely on the European Central Bank

Vassalage begins as the Bank of England becomes a puppet of the European Central Bank.

If the Euro were to fall apart, the BOE will be screwed as well.