Economist Yanis Varoufakis says he would vote for Scottish independence... On one condition


Yanis Varoufakis, (Marc Lozano (CC BY-SA 2.0))

Esteemed economist and member of the Hellenic Parliament Yanis Varoufakis has said that he would vote for Scotland to become an independent country on the condition that it establishes its own currency.


The former finance minister for Greece said that while independence was a "matter for the people of Scotland to decide", he would vote in favour of Scotland leaving the Union if it created its own currency with a "development model to go with it".


Varoufakis also said that retaining the pound sterling is "idiocy".


The Scottish National Party says that it will retain the pound in the short term, but will transition to a new Scottish currency in due course.


Meanwhile, the Scottish Greens favour the immediate creation of a new currency.

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