Sweden Reconsiders Eurozone Membership Ahead of September Election

Sweden is reconsidering the possibility of joining the eurozone, with the country’s Moderate Party planning to set up a commission to examine the potential advantages and disadvantages if it remains in power following the parliamentary election in September, Finance Minister Elisabeth Svantesson stated.

Sweden previously rejected euro adoption in a 2003 referendum, but the country’s growing economic integration with the rest of Europe has prompted renewed interest. A recent study suggested that the potential benefits of adopting the single currency now outweigh the risks....