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The Perfect Economy? How Sweden Is Shaking Up The EU

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The Perfect Economy? How Sweden Continues To Shake The EU

In a significant setback for a more unified Europe, Swedes voted overwhelmingly today to reject membership in the European single currency after a passionate referendum campaign, made uncertain to the last moment by the assassination of Foreign Minister Anna Lindh.

The margin of victory for those opposed to adoption of the single currency, the euro, far exceeded the expectations of many people here. It provided a stunning defeat for Prime Minister Goran Persson, who had called the referendum in the belief that most Swedes would agree to abandon their currency, the krona.

 

Here are the stunning reasons how Sweden got here:

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2 Comments

  1. startup ideas

    September 14, 2018 at 6:56 am

    Sweden has among the EU’s lowest levels of national debt, low and stable inflation and a healthy banking system.The Swedish economy used to suffer from low growth and high inflation, and the Swedish krona was repeatedly devalued.

  2. Niculae Moisidis

    October 18, 2018 at 9:55 am

    Bravo Sweden, keep up your independence from EU!
    nmoisidis@calcet.com

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