Denmark has one of the closest cooperations with another currency, that is not a lock. Changing governments, from each their side in the parliament, have demonstrated the willingness to provide an economic policy that stabilized exchange rates to euro. In other words, the exchange rate is not stabilized only because of national bank actions, but also because both sides in the parliament make political decisions to support it. Denmark has about 5 mio inhabitants.
I don't know as much about our neighbor country, Sweden, but their exchange rate to the Euro has been very stable for some years now, too, which indicates that the political leaders want to create a stable currency exchange rate for their business. They had a referendum about switching to the Euro, which gave a negative result, but big business in Sweden wants the Euro, or a very stable exchange rate. It's a pure guess, but my guess is that Sweden tries to stabilize in the same way that Denmark does, hoping to get the benefits of the Euro, without actually being part of it. I think Sweden has 8-9 mio. inhabitants.
Inflation numbers don't matter much in Danish politics, so I don't see any reasons not to trust them. The scandinavian countries also have a tradition for very reliable statistics. |
