Friday

19th Oct 2018

Most Danes want euro, Slovakia bids for 2009 eurozone entry

A majority of Danes favour adopting the euro, a fresh survey has suggested while Slovakia has officially filed its application to become the 16th eurozone member state in 2009, just as the EU's monetary union is due to celebrate its tenth anniversary.

According to a survey in the Boersen, a Danish financial daily, 55 percent of respondents would vote in favour of scrapping their country's opt-out from the EU's single currency.

Read and decide

Join EUobserver today

Support quality EU news

Get instant access to all articles — and 18 year's of archives. 30 days free trial.

... or join as a group

Out of some 1,150 people interviewed between late March and early April, 38 percent said they were against adopting the euro and for keeping the krone.

The poll represents a shift in attitudes towards the euro compared to the last referendum in the country in 2000, when 53.2 percent of Danes rejected the Europe's common currency.

However, the percentage of Danes in favour of the euro was quite high ahead of the last referendum on the subject, even though it resulted in a majority opposed in the end.

It comes after the Danish prime minister, Anders Fogh Rasmussen, has hinted in recent days in several interviews with foreign media that his government might organise another referendum on the euro as soon as the second half of this year.

Denmark got permission for four exemptions from EU rules - on the euro, as well as on EU judicial and defence cooperation and European citizenship following a negative result in a referendum on the bloc's Maastricht Treaty in 1992.

Slovakia bids for euro in 2009

Meanwhile, Slovak finance minister Jan Pociatek on Saturday (5 April) formally filed his country's application to join the eurozone in January 2009.

Bratislava says it is confident that it will meet all the criteria for being allowed to adopt the euro, with the European Central Bank and the European Commission due to announce their verdict on 7 May.

Prior to that, the commission will on 28 April publishes economic forecasts containing key figures likely to be central to the appraisal of Slovakia's bid.

The biggest question marks concerning the Slovak candidacy surround the country's ability to keep a lid on consumer prices even after joining the eurozone, expressed in Brussels terminology as meeting the "inflation sustainability criterion".

Some EU officials are concerned that Slovakia, as the second post-communist country set to adopt the single currency will follow the example of Slovenia, which joined last year and saw a consequent rise of inflation to over five percent.

But Bratislava insists that possible inflation hikes in the country would only be caused by higher food and oil prices - the same phenomenon as currently experienced by all other EU member states, and not by the overheating of the Slovak economy.

EU leaders worried about Italy's budget

Some EU leaders warned that Italy's plan to boost its budget spending despite the second largest debt in the eurozone, could hamper efforts to reform the single currency's framework.

EU warns Italian populists on Greek-type crisis

The EU commission president urged Rome to rethink its budget plans to avoid a Greek-style euro crisis. Meanwhile, Italy's finance minister tried to calm his colleagues in Luxembourg.

Airbnb agrees to clarify pricing for EU

The justice commissioner says the accommodation-rental website will better inform users about prices, and about the legal status of their 'hosts'. Facebook, however, could face sanctions if it doesn't comply with EU rules.

News in Brief

  1. Rutte: summit was 'not the moment' for higher climate ambition
  2. Legal text for Brexit relocation EU agencies agreed
  3. Greek foreign minister resigns over Macedonia deal
  4. No Brexit backstop means no approval, says EU parliament
  5. Poland questions supremacy of EU court
  6. Medvedev to meet Juncker and Merkel in Brussels
  7. Italians and Czechs least favourable to remaining in EU
  8. Facebook hack set to be first major test of EU data rules

Airbnb agrees to clarify pricing for EU

The justice commissioner says the accommodation-rental website will better inform users about prices, and about the legal status of their 'hosts'. Facebook, however, could face sanctions if it doesn't comply with EU rules.

Stakeholders' Highlights

  1. International Partnership for Human RightsOpen letter to Emmanuel Macron ahead of Uzbek president's visit
  2. International Partnership for Human RightsRaising key human rights concerns during visit of Turkmenistan's foreign minister
  3. NORDIC COUNCIL OF MINISTERSState of the Nordic Region presented in Brussels
  4. NORDIC COUNCIL OF MINISTERSThe vital bioeconomy. New issue of “Sustainable Growth the Nordic Way” out now
  5. NORDIC COUNCIL OF MINISTERSThe Nordic gender effect goes international
  6. NORDIC COUNCIL OF MINISTERSPaula Lehtomaki from Finland elected as the Council's first female Secretary General
  7. NORDIC COUNCIL OF MINISTERSNordic design sets the stage at COP24, running a competition for sustainable chairs.
  8. Counter BalanceIn Kenya, a motorway funded by the European Investment Bank runs over roadside dwellers
  9. ACCACompany Law Package: Making the Best of Digital and Cross Border Mobility,
  10. International Partnership for Human RightsCivil Society Worried About Shortcomings in EU-Kyrgyzstan Human Rights Dialogue
  11. UNESDAThe European Soft Drinks Industry Supports over 1.7 Million Jobs
  12. Mission of China to the EUJointly Building Belt and Road Initiative Leads to a Better Future for All

Latest News

  1. Europe and Asia seek stable relations in troubled times
  2. Asylum reforms derailed, as EU looks to north Africa
  3. EU leaders worried about Italy's budget
  4. Russian activist warning on 'fake news' as EU backs action
  5. Kaczynski: No question of Polish EU exit
  6. EU summit to accept urgency of climate action – but no measures planned
  7. MEPs demand more from EU on human rights in Asia
  8. EU migration solutions are on the table - let's adopt them

Join EUobserver

Support quality EU news

Join us