This monograph faces the question why the United Kingdom ‘opted out' of the European Monetary and Economic Union (EMU). Then, an analysis will be drawn in accordance to the advantages and the disadvantages of the EMU for UK's economic and business environment

Variable geometry ought to imply "variably geometry Europe" as variable geometry or differentiated integration in the European Union has reached its limits. Drawing on the lessons of the Eurozone crisis and of Brexit, this chapter argues that (treaty-based) variable geometry or differentiated...