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Fredrik NG Andersson, Associate Professor, Department of Economics, Lund University

Could global tensions finally see Sweden warming towards the euro?

Vitaliy Kyrychuk/Shutterstock

Sweden has been part of the European Union for 30 years, yet it is one of the few EU countries that has kept its own currency, the krona. Legally, Sweden is expected to join the euro one day but in reality, that day keeps being pushed into the future.

This makes Sweden something of an outlier in Europe. In a referendum in 2003, 56% of voters said no to the euro, and no government since then has felt confident enough to revisit the question.

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