Sweden's former central bank chiefs oppose euro

Following Swedish prime minister Goran Persson's decision to set a date last month for Swedes to vote on the euro, two former central bank governors have come out in opposition to membership of the single currency.

Lars Wohlin and Bengt Dennis, former heads of the Riksbank, Sweden's central bank, are against membership on the grounds that the Riksbank would not be able in future to play such a crucial role in the Swedish success story. Sweden is outperforming the eurozone.

But Urban Backstrom,

To continue reading...