"Euronating"

This from the Adam Smith Institute blog:

EU Directive; No. 456179/954PE/762 EU/UK
In order to meet the conditions for joining the Single European currency, citizens of the United Kingdom of Great Britain, Scotland and Northern Ireland must be made aware that the phrase "Spending a penny" is not to be used after 30 June 2008. From this date, the correct terminology will be "Euronating".

I guess its a piss-take!