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Sydsvenskan - Sweden | Monday, November 26, 2007

Denmark and Sweden on the path to the euro?

Denmark's re-elected Head of Government Anders Fogh Rasmussen wants to hold another referendum on the introduction of the euro. This has sparked a similar debate in Sweden, which like Denmark is not yet a member of the euro zone. "In Sweden the conservative government is still divided on this issue. But sooner or later - better sooner than later - Sweden will have to take the same step. It's highly likely that this will be a central issue in the 2010 election campaign. By then Denmark may already be on the way to converting to the euro, although one can't predict the outcome of a Danish referendum. But more important than Denmark's decision is the fact that the euro has managed to demonstrate its strength. The common currency is a central element of the EU project. To be left out of it is not a good alternative in the long term."

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