DECISIONS ON THE EURO IN DENMARK AND SWEDEN EXPECTED IN 2000.

Denmark's Social-Democratic Prime Minister, Poul Nyrup Rasmussen, announced on August 13 that his party will take a decision on the Euro at its congress in September 2000. The party will then decide whether to recommend Danish membership of the single currency. Mr Rasmussen has however refused to suggest even an approximate date for a referendum on the Euro, as demanded by the right-wing opposition. Denmark, like the United Kingdom, negotiated an opt-out clause permitting it not to participate in the single currency even if it meets all of the convergence criteria.In Sweden - the only Member State along with Greece to fail to meet the criteria for participation in the launch of the Euro on January 1 - the former...

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