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Fewer Swedes favour euro over krona: poll

Published: 15 Jun 2010 09:41 GMT+02:00
Updated: 15 Jun 2010 09:41 GMT+02:00

A clear majority of Swedes would vote against switching from the krona to the euro if a referendum on whether Sweden should adopt the common European currency were held today, a new poll shows.

According to a poll from Statistics Sweden (SCB), 60 percent of Swedes would vote against switching to the euro, while 28 percent indicated they would vote in favour, with 12.2 percent undecided.

The new report is based on interviews in May, after the outbreak of the Greek debt crisis, and indicates a clear shift in public opinion from the SCB November poll which was the first since the 2003 referendum which indicated a majority support for ditching the krona in favour of the euro.

While both men and women favour retaining the krona, differences remain between the sexes over levels of support for the euro (November 2009 figures in parentheses).

Among men, 31.4 (50.3) percent favour the euro, while 58 (38.4) percent want to keep the Swedish krona.

Among women, 24.2 (37.2) percent indicating they would vote yes to the euro, while 61.9 (50.3) percent said they would vote against switching to the European currency.

The bi-annual SCB poll which has been conducted since 1997 indicates however that Swedish support for EU membership remains stable, with 56 percent in favour in May 2010, unchanged in relation to November and May 2009.

The SCB telephone survey is based on 9,035 randomly selected voters. The fall off in the May 2010 survey was 32.1 percent which means that SCB interviewed 6,135 people from April 28th-May 30th.

Peter Vinthagen Simpson (news@thelocal.se)

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Your comments about this article

10:28 June 15, 2010 by Ozpot
Absolute madness to even contemplate adopting the Euro. The euro has clearly entered uncharted territory and is in free fall.

The Greek crisis is now a full blown European disaster with Hungary the latest shoe to drop in the Greek tragedy. Still, many of the Euro-zone's top officials seem oblivious to the impending disaster. If European ministers continue on this path, the euro-zone may ultimately be doomed.
11:03 June 15, 2010 by Nemesis
@ Ozpot

Hungary is not in the Eurozone.

Some Eurozone countries are in trouble, namely Ireland, Greece, Spain and Italy because they adopted US style economics. That is now starting to change.
11:18 June 15, 2010 by Already in use
Well, sh*t happens. It is dumb to throw the towel just because a problem emerged. You figure out the problem, find a solution, and make sure it doesn't happen again. In the end, the Euro will come out stronger. I for sure would vote for the Euro. It's a no-brainer. Do you guys have any clue how much it s*cks to constantly change currencies back and forth if you travel as much as I do?
11:29 June 15, 2010 by Ozpot
I never said Hungary has the Euro they are part of the European Union. The euro currency plunged to a new record low, the lowest point in over four years on reports that Hungary, may be facing Greece-style fiscal woes. According to the WSJ, The New Hungarian President, Kosa announced that his country is vulnerable to similar economic trouble.
11:48 June 15, 2010 by Kevin Harris
@Nemesis

Hungary joined the EU in 2004. It retains the Forint.

For the Euro to survive, it is necessary for the complete economic integration of all EU members, who must devolve their tax and spending policies to a single and unelected EU financial body.

This is politically impossible, at this time or any other time, and therefore the Euro is doomed to failure. This was made clear by economists at the start of the adventure, and was ignored by those who put European integration above good economic advice.

The EU will not oversee the orderly deconstruction of the Euro, it will continue to put band aids over the cracks until it runs out of money, and then it will fall apart.

European integration was a nice idea, but poorly handled by arrogant and ambitious fools who pushed too hard. It will be hundreds of years before it will be politically possible for someone to try and do it again properly. Shame that.
15:47 June 15, 2010 by glamelixir
I would say no to Eurozone and tell Sweden to get out of the EU right now! haha if possible.
17:38 June 15, 2010 by TomJones27
I would say no to the Eurozone as well. Large investment banks, such as Goldman Sachs prayed on this consolidation of currencies and crashed economies for their own gain. Decentralize the power and risk and keep Sweden's economy localized and sustainable to protect it's interests from the major Euro powers and economic terrorists, predators. Stay far away from US, Thatcherite, school of economic policy, which has left a large disparity between the haves and have nots; at least in the US.
18:52 June 15, 2010 by J Jack
As a boring old cheapskate always inconvenienced by these useless Danish coins with holes in them every time I travel through Kastrup; con the Danes into joining the Euro to bring their consumer prices back to reality, and Swedes please keep the Kronor so I can still have my SEK 20- falafel.
19:03 June 15, 2010 by reason
The EMU had good rules regarding debt and deficits. Too bad only Finland and Luxembourg followed them. I think we can stay outside for a while longer.
20:58 June 15, 2010 by wxman
Aside from the inconveniences experienced in inter-Europe travel, I think the Swedes were wise in this regard. Don't throw in with the debt of others.
22:07 June 15, 2010 by DAVID T
the two countries that didn't join europe are switzerland and norway and they are both much better off than the rest of them

@ Already in use

what century do you live in - i travel extensivley and you know i use an invention they had in the last century - visa or mastercard doh!
00:38 June 16, 2010 by Rebel
Well duh...the Euro has what, 2 or 3 years max to survive?
12:22 June 17, 2010 by dcdidit77
Big european economies like France and Germany will never let the Euro go completely under. Write of the Euro at your own peril. If something happens to the krona or our economy( God forbid), who will be there to stand by us? Our best option would be to fully integrate into the Euro at some point I think.
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