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The Danish krone is pegged to the euro, meaning it's already effectively controlled by the ECB.
by decimalenough 1y ago
The Danish krone is pegged to the euro, meaning it's already effectively controlled by the ECB.
- wolvesechoes 1y agoIt is not fully pegged, and though it ties their hands somewhat, this is not "effectively" the same as adopting the euro. Krone still can be un-pegged if Denmark decides to do so.
- zosima 1y agoIt can be unpegged at a moments notice. Euro countries have a lot more work to break free.