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Words: | Submitted: Tue Jun 20 2006
... time 11 countries joining. These countries are Belgium, Germany, Spain, France, Ireland, Italy, Luxembourg, Holland, Austria, Portugal and Finland. On the 1st January 2001, Greece joined to make it 12 member states3. Three member states declined to join the Euro in 1999, these are at present; Sweden, Denmark and the UK. Even though these 3 countries are part of the European Union each country has its own stance over the Euro. Sweden last year had held a referendum to see whether they should accept the Euro, however this result came back negative and are still independent from the Euro. The result came back that 56% of Swedes did not want to join and only 42% did want to join4. Denmark had a referendum in 2000, however 53% said the Danish public did not want to join and only 47% did. The Danish Prime Minister Anders Fogh Rasmussen remained confident that ...
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