Support for euro adoption is highest since 2009, poll shows. Liberal Party still remains the only force backing the move.
A poll published by Statistics Sweden on Wednesday showed 30.6% would vote in favor of adopting the euro. While 50.5% remains opposed
That is a minor “warm up” with more than 50% against the Euro.
True, but neverthless… and it’s more popular among younger generations.
Germany’s outsized say over EUR makes it unappealing for any mid sized or above economy…
Why give up your monetary policy tool box?
These figures come from the latest Eurobarometer, which the Commission presented to the Fediverse like this.
Our economists don’t want to fix the SEK because it helps our exports and to hell with the citizens.
We’ve had a neoliberal control for the past 25 years and everything’s gone to shit. People keep voting for them tho, because fuck the taxes that pays for everything we take for granted, apparently.
Wasn’t the running gag always that Sweden intentionally destabilizes the Krona in order to not have to fulfill their obligation to adopt the euro?
Not necessarily destabilised, but Sweden has deliberately opted not to join the European Exchange Rate Mechanism which purpose is to stabilise currency exchange rates.
Sweden is by law bound to adopt the Euro, but by choosing not to join the ERM II, Sweden by extension can’t join the Euro because they technically don’t fulfil the requirements.
This is of course a simple loophole that could be closed by the EU, but there hasn’t really been much political will to do anything about it.
I don’t think they need to do it, the ECB or the Commission or EUCO never showed any sign of trying to force their legal obligation to join, so doing nothing is enough not to join. But in any case the weakness is becoming perennial and that’s problematic for Sweden.
I’m wondering more if it’s even stable enough now for them to fulfill the requirements to actually join.
would never be such a fast process anyway, as they had a referendum before I assume they wouldn’t do it without a new one. So that would be the first step. But this “mood” might fade away quickly, I still remember when Icelandics wanted to join the EU and the Eurozone and then forgot about it :P
I can’t wait to be able to go anywhere in the EU without exchanging currencies!! 🇪🇺🇪🇺🇪🇺
