Trump’s emerging global strategy is encouraging Sweden to reconsider adopting the euro

Sweden Reconsiders the Euro Amid Changing Global Landscape

Following Russia's attack on Ukraine, which led Sweden to reverse its stance on joining NATO, the country is now quietly re-examining the possibility of adopting the euro. Although discussions are still in their infancy, there is a noticeable change in attitude as global circumstances evolve. Back in 2003, Swedes voted against switching to the euro, largely because the krona was seen as a protective shield for the nation's economy. Today, however, heightened security concerns—stemming from tensions with Russia and China, as well as the unpredictability of U.S. foreign policy under President Donald Trump—are prompting a fresh look at the issue.