Søvndal: “Wise” decision not to join euro

While the government considers becoming part of the single currency, the foreign minister says voters made the right decision to reject it

December 27th, 2012 12:47 pm| by admin
facebooktwittergoogle_pluspinterestmail

Denmark’s decision not to adopt the euro 20 years ago has put the country in a “favourable” position in Europe, according to the foreign minister, Villy Søvndal (Socialistisk Folkeparti).

“I think that everyone recognises after the crisis that it was a very wise decision that allows us to build bridges in a flexible Europe,” Søvndal told Jyllands-Posten newspaper. Our position is that we want to participate in practical partnerships, which makes sense and is an advantage for Denmark.”

Former foreign minister Uffe Elleman-Jensen (Venstre), who attempted to get the country to adopt the single currency 20 years ago, called Søvndal’s comments “nonsense”.

“Denmark is, for all intent and purpose, a member of the eurozone, only with zero influence or protection,” Elleman-Jensen told Jyllands-Posten. “I have no idea what he means that we can ‘be a bridge’. We cannot be both in and out and the same time.”

MEP Morten Messerschmidt (Dansk Folkeparti) accused Søvndal of engaging in “pure populism” by playing into recent polls showing the number of Danes opposed to adopting the euro is increasing.

“The government owes the public a clear answer about its policy,” Messerschmidt told Belingske newspaper. “Søvndal’s announcement is nothing but hot air thought up by a spin doctor.”

Both PM Helle Thorning-Schmidt (Socialdemokraterne) and the economy minister, Margrethe Vestager (Radikale), have argued in favour of Denmark becoming the 18th country to adopt the euro.

Cool winds blow down from the Tuscan hills to relieve the precious grapes (photo: iStock)
The verdict on this vintner is in the vitality of his vines
Located close to Montalcino in southern Tuscany, the small boutique winery ...
Denmark's corn (photo: Mogens Engelund)
Life without it would pull the rug out from under the entire nation
You don’t need to know much about this country to know there are three th...
There's nothing like that feeling when you're boarding a ferry in your car, say disappointed users of the Harwich-Esbjerg service (photo: 
Emran Kassim
)
Bring back the Harwich-Esbjerg ferry! But is it really worth it?
George Moore, a 14-year-old Brit based in the English Midlands, has for ove...
Participating in case competitions can put extra pressure on students (photo: iStock)
Student case competitions increasingly popular
Companies, educational institutions and professional organisations in Denma...
'Formation' is not just a song, it is a political statement (photo: VS-Angel)
Beyonce coming to Denmark
Beyonce has announced she will be bringing her 'Formation World Tour' to De...
Falling oil prices have had a major impact (photo: iStock)
Danish export to US and China on the rise
Danish exports to the US and China jumped considerably in 2015, according t...