Commission report states Sweden not ready for euro

The Commission's 2001 convergence report on Sweden, adopted on 22 May, concludes that Sweden still does not fulfil one of the four criteria to join the single currency, namely the exchange rate criterion.

The Commission’s 2001 convergence report on Sweden, adopted on 22 May, concludes that Sweden still does not fulfil one of the four criteria to join the single currency, namely the exchange rate criterion.