World News and Trends: Danish referendum

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By the time you read this the Danes probably will have decided whether to use the European common currency (the euro).

At the time of this writing the vote was balanced on a knife's edge. Whatever the outcome it could be important, affecting similarly planned referendums in Sweden and Britain.

An observer saw the dangers in joining: "If you have a common currency, political power will be transferred from the national parliaments to Brussels, to bureaucrats and technocrats. When you have an economic union, you also have a political union.

A no vote could mean Sweden would abandon its plans to call its own referendum. But a yes vote could encourage Sweden to accept the common currency. If this happens it will put pressure on Britain to join as well. (Sources: The Observer, The Guardian (both London), International Herald Tribune .)

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