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Spain: No Scotland in the EU

Spain's prime minister has warned Scotland it would not automatically become a member of the EU if it voted for independence.

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Excluding Scots from pound would leave 'massive hole'

First Minister Alex Salmond has said that excluding an independent Scotland from the sterling currency would leave a "massive hole in the UK balance of payments".

He told ITV News it would be in the interests of both governments to continue using the pound and that he expected Westminster to "live up to their side of the bargain".

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