Cutting kronas in Sweden

ARTICLE - As we reported earlier in the week Swedish prime minister Goran Persson is set to name the date for the euro referendum next week. The proposed referendum on Sweden's entry to the euro looks like taking place in Autumn 2003. However on current form a years gap is just what's needed before the referendum takes place. If the referendum were held now it would surely fail.

Goran Persson, the Swedish prime minister, is a brave man. He is about to set a date for Sweden to hold a referendum

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