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For Stockholm, the shift from krona to euro is not currently on the agenda (Photo: Wikipedia)

Almunia says 'undesirable' to act on Sweden's euro refusal

EU monetary affairs commissioner Joaquin Almunia has said that Brussels could in theory take Sweden to Europe's top court for not joining the euro despite meeting all the economic criteria - but he added that such action "is not necessary or desirable" for now.

In his reply to German centre-right MEP Bernd Posselt in a Strasbourg plenary debate on Tuesday (24 October), Mr Almunia said that "there is no compulsory date" for when countries should enter the single currency and so the comm...

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For Stockholm, the shift from krona to euro is not currently on the agenda (Photo: Wikipedia)

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