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Twenty years after euro "No" vote, Swedes fret over weak crown

Think Sweden, where a nosedive in the local crown currency over the past 18 months is proving a blessing for used-car dealers and other exporters. But 20 years after Swedes voted in a referendum to stay out of Europe's single currency, the crown's 17.5% slide against the euro is not making everyone happy. "Many foreign car dealers think there is a sale on in Sweden," Joachim Agren, senior key account manager at the Swedish branch of BCA, Europe's largest vehicle remarketing company according to its website, told Reuters.

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Twenty years after euro "No" vote, Swedes fret over weak crown | WKZO | Everything Kalamazoo

By Simon Johnson STOCKHOLM (Reuters) - Need a cheap, reliable second-hand car? Think Sweden, where a nosedive in the local crown currency over the pas...

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