Sweden says No to euro [Archive] - The Forum at GOPUSA

jonessa2

09-14-2003, 05:31 PM

Sweden says No to euro
Sunday, 14 September, 2003, 20:00 GMT 21:00 UK
The BBC
Sweden has voted decisively to reject the euro in a referendum held days after the killing of Foreign Minister Anna Lindh. With results in from 80% of districts the No-side has 57% against 41% for the Yes-side.

Prime Minister Goran Persson has conceded defeat.....more..... (http://news.bbc.co.uk/2/hi/europe/3108292.stm)

jonessa2

09-14-2003, 06:31 PM

The European Union (EU) is a union of fifteen independent states (http://userpage.chemie.fu-berlin.de/adressen/eu.html)based on the European Communities and founded to enhance political, economic and social co-operation. Formerly known as European Community (EC) or European Economic Community (EEC).
Member states (EUR: Euro currency):
Austria (EUR) Belgium (EUR) Finland (EUR) France (EUR) *Germany (EUR) Greece (EUR) Ireland (EUR) Italy (EUR) Luxembourg (EUR) Netherlands (EUR) Portugal (EUR) Spain(EUR)
Denmark
Sweden
United Kingdom of Great Britain and Northern Ireland
EU enlargement and the euro in a nutshell : (http://www.ecb.int/enlargement/)
Ten new countries – Cyprus, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Slovakia and Slovenia – will join the EU on 1 May 2004. These countries are called acceding countries....
Acceding countries will adopt the euro only when they fulfil certain economic criteria, namely, a high degree of price stability, a sound fiscal situation, stable exchange rates and converged long-term interest rates. The current euro area members had to fulfil the same criteria.
The European Central Bank contributes to the decision-making on new euro area members by preparing convergence reports in which it analyses whether the countries concerned fulfil the necessary conditions for adoption of the euro.....
In anticipation of the enlargement of the European Union on 1 May 2004, citizens of Cyprus, the Czech Republic, Estonia, Hungary, Latvia, Lithuania, Malta, Poland, Slovakia and Slovenia may apply for vacancies at the ECB.