by My finest hour — Sweden’s euro referendum Fifteen years ago, Swedish citizens were asked if they wanted to join the eurozone. Of the 83 % registered voters who participated in the referendum close to 57 % cast their ballot for the ‘no’ side. The result of the referendum came as a total shock to the Swedish establishment. All major parties and business organizations were for the euro.But although the ‘yes’ side outspent the ‘no’ side ten to one, the ‘no’ side won. Yours truly — unlike the ‘usual suspects’ among establishment economists — participated actively in the fight against the euro. It still makes me immensely proud. Today I have an article up on Brave New Europe arguing that there is still nothing that speaks for Sweden to abandon the krona for
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My finest hour — Sweden’s euro referendum
Fifteen years ago, Swedish citizens were asked if they wanted to join the eurozone. Of the 83 % registered voters who participated in the referendum close to 57 % cast their ballot for the ‘no’ side. The result of the referendum came as a total shock to the Swedish establishment. All major parties and business organizations were for the euro.
But although the ‘yes’ side outspent the ‘no’ side ten to one, the ‘no’ side won. Yours truly — unlike the ‘usual suspects’ among establishment economists — participated actively in the fight against the euro. It still makes me immensely proud.
Today I have an article up on Brave New Europe arguing that there is still nothing that speaks for Sweden to abandon the krona for the euro.