Swedish Finance Minister Elisabeth Svantesson said she would launch an inquiry into the pros and cons of euro adoption if the current center-right government she represents remains in power after an election in September. “A thorough analysis is needed of the advantages and disadvantages, not least in light of the security situation we are currently in,” Svantesson said during a parliamentary debate on Tuesday. The finance minister’s comments suggest the question of ditching the krona is edging back onto the political agenda after more than two decades out of the limelight. Swedes voted against introducing the European common currency at a referendum in 2003, and discussions around adoption have been muted since then. About 32% of Swedes are in favor of switching to the euro while 49.5% are against, according to last year’s survey by Statistics Sweden. In addition to winning over public opinion, a change of currency in Sweden would face other serious obstacles. Only lawmakers from the smaller Liberal and Center Parties said they were in favor during Tuesday’s debate in parliament. Svantesson said she saw both advantages and disadvantages, while Mikael Damberg of the Social Democrats said his party was “not currently calling” for euro adoption. Representatives of the Green Party, the Left Party and the Sweden Democrats said they were against such a move.


it’s because the referendums have a tendency to be skewed