http://www.telegraph.co.uk/news/ukn...endent-Scotland-would-get-euro-not-pound.html
An independent Scotland would be forced to wait at least five years to join the EU and would then have to sign up to the euro, the Spanish government has warned in a major intervention 48 hours before the referendum that directly contradicts Alex Salmonds claims.
Inigo Mendez de Vigo, the Spanish European Affairs Minister, rejected the First Ministers claims Scotland could negotiate membership from within the EU, saying it would have to apply from scratch and follow the usual accession process.
He told BBCs Newsnight programme
Jean-Claude Juncker, the new European Commission president, has hinted this would take five years and no new member state would be given an opt-out from the single currency.
The Spanish Prime Minister has also said Scotland would start life outside the EU, while Mr Juncker has said voters decision would be respected but it could not become a member merely by sending a letter.
Mr Mendez de Vigo said:
It is crystal clear that any partner member-state that leaves the member state is out of the European Union. If they want to apply again, they would have to follow the procedure of article 49 of the treaties.
He said there were more ifs than a poem by Kipling about whether and on what terms Scotland would gain entry, emphasising this must be unanimously agreed by the member states and it is a process that takes more or less five years.