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The Swedish social democrats have now changed their mind and accept to support the government on the Euro pact but face criticism from their allies

Friday, 27 January 2012
The Social Democrats are now changing their mind and accepting to support Sweden’s participation in the euro pact, something they had opposed persistently in the past months.

Although this comes on the condition that the government push through the reservation of the Sweden from joining the euro, their members of the Red-Green coalition bloc have reacted angrily.

“It is very disappointing, what we see now is that the old “yes” parties from the euro referendum is driving over public opinion and leaning to the Union despite the fact that we voted “no”, says Jonas Sjöstedt, leader of the Left party.

The government has recently tried to get Social Democrats accept that Sweden should to go along with the euro pact to no avail. Until now, the Social Democrats had said no, partly because of the fear that Sweden would through the back door be forced into the euro single currency.


But now they have agreed with the Government to join the pact if the government can get the rest of the EU to agree to certain reservations on Sweden and it will be that Sweden can participate and act as the rest of the Euro countries but would not be joining the Euro single currency as that was already rejected by the Swedish people in past referendum.

“We say that we can be involved in the pact if we are given assurance that the financial framework will not apply to us,” says Marie Granlund, Social Democrats, Vice Chairman of the Committee.

“The fact is that Swedish collective agreements will be protected and that we will have an influence.”
But the Green Party and Left Party do not think the reservations are enough and believe that the decision is a betrayal. The Green Party believes that the Social Democrats also should have made demands for a permanent derogation for Sweden in Euro issue so that no one in favour of the pact is seen as an approach to the euro.

“The Government and the Social Democrats are betraying what the Swedish people did in the referendum,” said Per Bolund, economic policy spokesman for the Greens.

But Marie Granlund disagrees with them: “We have received guarantee that the requirements we want will be respected. We agree that there are some of these things we should pursue.

“If the government is unsuccessful in the negotiations, we are obviously committed to our “no” o the Euro campaign.”
On Monday, the euro pact will be under discussion in Brussels and the Swedish Government will then bring up the Social Democrats and the government's party line. According to Anna Kinberg Batra, of the Moderate party who is also chairman of the Finance Committee, it is also that the government is satisfied with the deal. But she dare not predict how the negotiations within the EU will go.

The Prime Minister, Fredrik Reinfeldt will comment on the agreement on Friday after the Committee has taken a formal decision on the matter.
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