Central Banking

Danes set to avoid euro vote – report


Denmark's government is set to shelve plans to hold a euro referendum on the back a decline in popular support for joining the eurozone, a report said.

Bloomberg, a news agency, reported an official as saying that the prime minister would only hold a referendum if he was "absolutely sure" to win.

Recent polls have put popular support for the single currency below 50%.

The krone is pegged to the euro, with the central bank targeting an exchange rate of between Dkr7.62824 and Dkr 7.29252. The

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