Wednesday, December 28, 2011

Swedes' disdain for the euro hits new heights...

Non-euro countries Sweden and Denmark are fonder than ever of their own currencies, the krona and the krone, as the crisis plaguing the eurozone also hurts their economies.

Both members of the European Union, the two Scandinavian countries have refused to adopt the single currency.

For Sweden, the choice appears to have been the right one for now: it posted economic growth of 4.6 percent in the third quarter, compared to just 0.2 percent in the eurozone.

 Its trade surplus soared by 41.8 percent in October from the same month a year earlier, while industrial production rose by 4.7 percent during the same period. Full story...

Don't miss:
  1. Most Europeans disenchanted with the Euro...
  2. Nigel Farage blasts unelected Eurocrats...
  3. Support for the EU in Norway falls to record low of just 12%...
  4. Nigel Farage on the Greece bailout, Europe and the USA...
  5. Compared to Italy, Greece is just a sideshow...
  6. Why the media is mum about Iceland...
  7. Hard-hit Europeans flocking to Switzerland...

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