Support for euro rises in Sweden

Swedes are somewhat more positive toward the euro today than they were at the time of Sweden’s 2003 referendum on the European currency.

Support for euro rises in Sweden

Nearly five years after a vote in which 56 percent expressed a desire to retain the krona and 42 percent wanted Sweden to adopt the euro, a new survey shows that now only 47 percent of the population favours the krona, while the level of support for the euro remains steady at 42 percent.

Eleven percent of respondents to the Sifo survey, the results of which are published in the Svenska Dagbladet newspaper, were undecided on the euro versus krona question.

If the results are tallied excluding undecided respondents however, the share of people against ditching the krona comes in at 53 percent, while 47 percent say they support adopting the euro.

As before, respondents affiliated with the Moderate Party and the Liberal Party (Folkpartiet) are the most positive toward the euro, while Left Party sympathizers are the most negative.

Men and residents of large cities are by and large more favourable toward the European currency than women or those living in rural areas.

Sifo asked 1,000 people if they would answer yes or no to membership in the EU’s Economic and Monetary Union (EMU) and to adopting the euro if there were a referendum today.