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

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.





  • How internationals can benefit from joining trade unions

    How internationals can benefit from joining trade unions

    Being part of a trade union is a long-established norm for Danes. But many internationals do not join unions – instead enduring workers’ rights violations. Find out how joining a union could benefit you, and how to go about it.

  • Internationals in Denmark rarely join a trade union

    Internationals in Denmark rarely join a trade union

    Internationals are overrepresented in the lowest-paid fields of agriculture, transport, cleaning, hotels and restaurants, and construction – industries that classically lack collective agreements. A new analysis from the Workers’ Union’s Business Council suggests that internationals rarely join trade unions – but if they did, it would generate better industry standards.

  • Novo Nordisk overtakes LEGO as the most desirable future workplace amongst university students

    Novo Nordisk overtakes LEGO as the most desirable future workplace amongst university students

    The numbers are especially striking amongst the 3,477 business and economics students polled, of whom 31 percent elected Novo Nordisk as their favorite, compared with 20 percent last year.