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February 13, 2012
Most Swedes favour new vote on the euro
Published: 19 May 09 07:46 CET | Double click on a word to get a translation
Online: http://www.thelocal.se/19528/20090519/
A majority of Swedes, 51 percent, are in favour of holding another referendum on whether or not Sweden should exchange the krona for the common European currency.
- Young people hazy about EU elections (9 May 09)
- Swedes in favour of joining euro: poll (19 Apr 09)
- Swedes to shun EU elections: poll (14 Apr 09)
The figures come from a study carried out by the Novus Opinion survey company at the behest of the Liberal Party (Folkpartiet). The results are published in the Dagens Nyheter (DN) newspaper.
“It would be good for Sweden to join euro-area and a new referendum ought to be held as soon as possible,” writes Liberal Party secretary Erik Ullenhag in DN.
“It’s time to listen to the Swedish people and let the question of the euro be asked again.”
Support for a new referendum is spread across the entire political spectrum, even among Social Democratic voters.
Three of four respondents said that a referendum on adopting the euro should be held within the next two years.
The study, which was carried out between May 5th and May 12th, asked respondents, “Do you think that a new referendum on whether Sweden should adopt the euro ought to be held or not?”
Sweden last voted on whether or not to exchange the krona for the euro in 2003, with 56 percent voting to keep the krona, and 42 percent voting in favour of adopting the euro.
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destroying 'local culture' which is against one of the founding principles of the EU
"Every country should create its own money, because that is done freely by the government. If you use the US$ or other currencies, you have to export the products of your labor and natural resources to obtain this money. The government can simply create it." - Michael Hudson
"Under a 100% reserve system (such as is now before the U.S. Congress in the "American Monetary Act" sponsored by Dennis Kucinich) the Treasury would create credit and supply banks with the funds to lend out over and above their basic deposit base. The important thing is WHAT the banks lend for, and the terms on which they lend." - Michael Hudson
If Sweden enters the EMU we will become a satellite state. :(
Maybe the result of such a referendum would be the same as before and the survey caught all the pro euro voters plus a few from the anti euro lot who just wanted to vote no again!
What this survey actually says is that 51% of people interviewed do not trust their government enough to let them make decisions on their behalf.
This argument has been brought up due to the strength of the Euro, but that is temporary. Its strength like the Dollar is due to insecurities in other currencies. So, it does not reflect the real state of those economies. Once the credit crunch begins to subside, the Euro will lose its appeal as confidence returns.
This one size fits all mentality works in the US where culturally they are alike from state to state....but in Europe it is very different. The Euro is also determined by the biggest economies within the EU, so the smaller countries like Sweden would not be at the forefront of decisions when Germany/France are in a recession or not. However, I believe the Euro is fantastic for the smaller developing countries that join the EU as it brings confidence and stability. The other benefit is mainly for business, where they can forecast with confidence, whereas the Swedish company I work for has had to raise its prices a few times due to the Euro strength. However, the pros are far outweighed by the cons of having the Euro.
The next step could then be 1 rate of Moms/VAT, set income tax levels, CGT etc...and then you have to ask....what is the point of electing a Government without real power. Because, this is where they eventually want to go. That would be too far and I believe would lead to forms of anarchy. Take away the power of local people to make key decisions and you will create major problems.
Sweden, do yourself a favor and KEEP the Kroner. If you dont you wont be able to chose the monetary policies that work best for your country, but you will have blanket policies imposed on you.
www.stopkillingourdollar.com
Sweden, do yourself a favor and KEEP the Kroner. If you dont you wont be able to chose the monetary policies that work best for your country, but you will have blanket policies imposed on you.
www.stopkillingourdollar.com
But I also felt that this is kind of a delicate issue and you won't read much about it on the news or Eu-related essays...
I will be less of a headache when it comes to traveling ( hence the idea of EU formation). We won't have to worry about currency convertion when travelling and be forced to compare the prices during vacations....
Love to have Euro but even if they decide to do it,,,, it will take 2 years to be fulfilled...
:(
But it is very useful when it comes to shopping abroad as you are no longer working out exchange rates in your head.
All these things have pros and cons, the ease of a common currency against the pride of using something that is unique to Sweden.