Already many political parties also change attitudes and are more in favour of Euro adoption or at least check the pros and cons of it, especially considering that we are heading towards a capital union too.
Mission_Scale_860 on
Hell no
Edit: Adding my explanation to not come off as too emotionally reactionary.
Mostly because we lose autonomy over our currency which as an export heavy nation is useful to control. Control export prices. Only taking Sweden into account for interest rates.
Softening shocks from economic crisis in Europe. The volatility will exist either way since its reacting to risks in the world. Instead of currency volatility you would get volatility in unemployment/layoffs, wage decreases and lower growth.
We could get deeper integration and probably cheaper interest rates over the long time. Some might find it easier to invest and not have to deal with conversions. I’m not sure what real problems the Euro would be solving.
If the other EU countries worked more like Sweden in terms of institutions, welfare and fiscal discipline it would make more sense to me. Like sharing currency with Norway, Denmark, Finland, Germany and the Netherlands would make sense too me since our countries work similar.
LowIllustrator2501 on
Good. Why did that took them so long?
ronchaine on
Good for the rest of Europe, not so sure about Sweden.
Dullel on
Aren’t there massive benefits in keeping your own currency? Increased exports in recession due to a weaker currency, and the possibility to print your own money. In good times it’s cheaper to go abroad.
Swedish-physicist on
I do not think it will happen in sweden anytime soon. Partly because there was a vote and the euro lost, but I think mainly due to the euro crisis still being in fresh memory for a lot of people. There is simply very little trust that some of the countries within the euro zone can handle their economy well enough, which can impact all other countries with the euro. It should also be stated that sweden made it through the crisis relativity well and the common sentiment is that it’s largely due to having our own currency. Might be that it will actually be more beneficial to adopt the euro, but the people are not convinced at least.
Upstairs-Mall-3695 on
Swedish Finance Minister wants a fresh euro inquiry. With energy crises and global uncertainty, ditching the krona for euro stability could be a win for trade and investment. Let’s see the facts this time.
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Absolutely not
Many economists and many businesses has started calling for Euro adoption as SEK is considered too volatile in the global environment.
Other recents sources: https://www.di.se/nyheter/gardell-kronan-ar-fortfarande-en-skitvaluta/
https://www.affarsvarlden.se/artikel/chefsekonomen-jobbigt-om-kronan-blir-for-stark
https://www.news55.se/privatekonomi/varning-svenska-kronan-rusar-men-kan-rasa-snabbt/
Already many political parties also change attitudes and are more in favour of Euro adoption or at least check the pros and cons of it, especially considering that we are heading towards a capital union too.
Hell no
Edit: Adding my explanation to not come off as too emotionally reactionary.
Mostly because we lose autonomy over our currency which as an export heavy nation is useful to control. Control export prices. Only taking Sweden into account for interest rates.
Softening shocks from economic crisis in Europe. The volatility will exist either way since its reacting to risks in the world. Instead of currency volatility you would get volatility in unemployment/layoffs, wage decreases and lower growth.
We could get deeper integration and probably cheaper interest rates over the long time. Some might find it easier to invest and not have to deal with conversions. I’m not sure what real problems the Euro would be solving.
If the other EU countries worked more like Sweden in terms of institutions, welfare and fiscal discipline it would make more sense to me. Like sharing currency with Norway, Denmark, Finland, Germany and the Netherlands would make sense too me since our countries work similar.
Good. Why did that took them so long?
Good for the rest of Europe, not so sure about Sweden.
Aren’t there massive benefits in keeping your own currency? Increased exports in recession due to a weaker currency, and the possibility to print your own money. In good times it’s cheaper to go abroad.
I do not think it will happen in sweden anytime soon. Partly because there was a vote and the euro lost, but I think mainly due to the euro crisis still being in fresh memory for a lot of people. There is simply very little trust that some of the countries within the euro zone can handle their economy well enough, which can impact all other countries with the euro. It should also be stated that sweden made it through the crisis relativity well and the common sentiment is that it’s largely due to having our own currency. Might be that it will actually be more beneficial to adopt the euro, but the people are not convinced at least.
Swedish Finance Minister wants a fresh euro inquiry. With energy crises and global uncertainty, ditching the krona for euro stability could be a win for trade and investment. Let’s see the facts this time.