It isn't just the UK; only 19 of the 28 member states of the EU use the Euro currency. Ones that don't include Denmark, Czech Republic, Romania, and Sweden.
Exactly... yet we read all the hand-wringing in the press about Greece leaving the EU; it's not that they're not smart enough to know the difference; their just spinning FUD. Yes, it would be a pain to switch currencies, but considering the alternative of paying off a ridiculous amount of debt, seems like the only viable solution would be go bankrupt and start over. Considering that Germany has gone bankrupt 7 times, I don't think they have much room to criticize. The wise thing would have been to make the banks who lent the money in the first place take the loss... but that ship has sailed. I would hope the Greek people would just wake up but it appears that they're all drinking the kool-aid.
Moneyliness is next to Godliness. -- Andries van Dam