EMU debate crucial to long term health of Swedish

SWEDEN - With the Swedish krona suffering from classic symptoms of a small European currency remaining outside of European Monetary Union, its best hope of a sustained recovery may be an acceleration of the EMU debate and entry process, analysts say.

Bereft of European Central Bank muscle, and without protection from the euro zone - the world's largest currency and trading bloc - the krona is currently plumbing two-year lows against the euro.

The global equity market malaise - particularly in t