Danes say no to euro

[Sven R Larson <larson@xxxxxx>]

With 53.1% against and 46.9% for, the Danish people yesterday said no to
joining the European currency union. The result was well in accord with
most opinion polls. The repercussions of the result are not going to be
extreme, but will nevertheless be noticeable. Sweden will not join, and
the anti-euro movement in Britain will be strengthened. The euro will be
weakened (although not very much) and the Danish interest rates will,
after a brief period of uncertainty, fall a bit.

/srl

--
Sven R Larson
PhD; Assistant professor of economics
Department of Social Sciences, Bldg. 22.2
Roskilde University
Pb 260
DK-4000 Roskilde, Denmark
Phone: (+45) 4674 2910