Trump’s New World Order Is Pushing Sweden to Warm Up to the Euro

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Geopolitical concerns have bolstered interest in dropping the krona for Europe’s common currency.The appeal of adopting the euro is growing in Sweden.Illustration: 731. Photographer: Andrey Rudakov/BloombergAfter Russia’s invasion of Ukraine triggered an about-face on NATO membership, Sweden is starting to consider another historic shift: adopting the euro.While the debate is in its early stages, a subtle but notable shift is taking place as conditions change. In 2003, when voters rejected Europe’s common currency in a referendum, the focus was on the krona’s ability to act as a buffer for the largest Nordic economy, but now geopolitical concerns have added a new dimension.