Reply to: Danish bank launches world’s first negative interest rate mortgage

[Whorty]

remember though that children decide which care home you will be assigned to!

Which one did your children send you to?

[CryingSheep]

It is now. Denmark has an opt-out*, since they joined before Maastricht. Everyone who joins now must adopt the Euro when they meet the qualifying criteria.

*As has the UK. If we don't end up leaving, I fully expect all our opt-out clauses to be torn up in our faces.

Don't worry, that will only happen in a couple of years when UK beg to join EU again...

Sent from my ONEPLUS A6000 using Contractor UK Forum mobile app

[Mordac]

Well I disagree! The BBC tells me that Sweden has NOT negotiated an opt-out:

"Some European Union countries have negotiated "opt-outs" in areas of EU policy they do not want to join.

In the case of the UK and Denmark, these opt-outs include membership of the euro currency.

Sweden, a country which has no opt-out, has also been able to resist adopting the euro. In 2003, a referendum was held in which voters rejected joining the currency."

Sweden are just kicking the can down the road. They are supposed to be committed to joining the Eurozone, but everyone's looking elsewhere at the moment. And we all know what the EU think about referendums...

[Mordac]

they don't have Euros in Denmark despite the fact that brexiteers want to make you believe that it is mandatory to join the Euro if you want to stay in the EU

It is now. Denmark has an opt-out*, since they joined before Maastricht. Everyone who joins now must adopt the Euro when they meet the qualifying criteria.

*As has the UK. If we don't end up leaving, I fully expect all our opt-out clauses to be torn up in our faces.

[JohntheBike]

Tell me about it.

remember though that children decide which care home you will be assigned to!

[BR14]

Well I disagree! The BBC tells me that Sweden has NOT negotiated an opt-out:

"Some European Union countries have negotiated "opt-outs" in areas of EU policy they do not want to join.

In the case of the UK and Denmark, these opt-outs include membership of the euro currency.

Sweden, a country which has no opt-out, has also been able to resist adopting the euro. In 2003, a referendum was held in which voters rejected joining the currency."

what ?what?
yes! -i disagree too
what?
zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz

[Platypus]

There is nothing to agree or disagree... UK, Denmark and Sweden, they all negotiated an exception to joining the Euro!

Well I disagree! The BBC tells me that Sweden has NOT negotiated an opt-out:

"Some European Union countries have negotiated "opt-outs" in areas of EU policy they do not want to join.

In the case of the UK and Denmark, these opt-outs include membership of the euro currency.

Sweden, a country which has no opt-out, has also been able to resist adopting the euro. In 2003, a referendum was held in which voters rejected joining the currency."

[CryingSheep]

Can you fuqwits at least agree to disagree?

There is nothing to agree or disagree... UK, Denmark and Sweden, they all negotiated an exception to joining the Euro!

[NotAllThere]

I thought parents were the first to give negative interest rate loans and mortgages

Tell me about it.

[Zigenare]

they don't have Euros in Denmark despite the fact that brexiteers want to make you believe that it is mandatory to join the Euro if you want to stay in the EU

It's (eventually) mandatory to join the Euro if you want to join/stay in the EU. Not for the UK though as an exception was created in the Lisbon treaty. Another example how EU always descriminates the UK...

Denmark and Sweden also negotiated an exception.

Can you fuqwits at least agree to disagree?

[scooterscot]

Yet it costs 20% to borrow on a credit card. Fiat is screwed. Buy bitcoin.

[Paddy]

Jyske Bank will effectively pay borrowers 0.5% a year to take out a loan.

Full story here:

Danish bank launches world’s first negative interest rate mortgage | Money | The Guardian

I thought parents were the first to give negative interest rate loans and mortgages

[Eirikur]

It's (eventually) mandatory to join the Euro if you want to join/stay in the EU. Not for the UK though as an exception was created in the Lisbon treaty. Another example how EU always descriminates the UK...

Denmark and Sweden also negotiated an exception.

[CryingSheep]

they don't have Euros in Denmark despite the fact that brexiteers want to make you believe that it is mandatory to join the Euro if you want to stay in the EU

It's (eventually) mandatory to join the Euro if you want to join/stay in the EU. Not for the UK though as an exception was created in the Lisbon treaty. Another example how EU always descriminates the UK...

[CryingSheep]

Jyske Bank will effectively pay borrowers 0.5% a year to take out a loan.

Full story here:

Danish bank launches world’s first negative interest rate mortgage | Money | The Guardian

IF you check the bank website, it is clear that in the end it will still cost you to borrow money! Not only you wont be paid to borrow money, but it will cost you, so all (more or less) normal here.