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Wednesday, May 7, 2025

Sweden – euro vs krona

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Since Sweden´s latest tie to NATO and the worth decline of the krona, Europe started to query whether or not Sweden would now convert to euro.

In 2003, a euro referendum was held in Sweden, revealing that 55.9 per cent of residents had been towards the forex change. On the time,  €1 equaled 9 krona. Now, it stands at a 25 per cent worth decline, 12 for €1.

Since then, alongside the Covid disaster, Brexit and NATO growth, the minds of Swedes have modified, as revealed by latest surveys from Gothenburg College. 

In 2022, 16 per cent of respondents voted for the conversion to euro. By 2023, the quantity rose to 30 per cent approval and 43 per cent opposition.

Regardless of these modifications, altering forex would have an effect on not solely the financial system however the socio-political state of the nation; abandoning the krona would imply following the Liberals who’re pushing the euro and EU´s insurance policies.

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