Danish euro referendum, 2000

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No Danish euro referendum results by county, 2000.png
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A referendum on joining the euro was held in Denmark on 28 September 2000. [1] It was rejected by 53.2% of voters with a turnout of 87.6%. [2]

Euro European currency

The euro is the official currency of 19 of the 28 member states of the European Union. This group of states is known as the eurozone or euro area, and counts about 343 million citizens as of 2019. The euro is the second largest and second most traded currency in the foreign exchange market after the United States dollar. The euro is subdivided into 100 cents.

Denmark constitutional monarchy in Europe

Denmark, officially the Kingdom of Denmark, is a Nordic country and the southernmost of the Scandinavian nations. Denmark lies southwest of Sweden and south of Norway, and is bordered to the south by Germany. The Kingdom of Denmark also comprises two autonomous constituent countries in the North Atlantic Ocean: the Faroe Islands and Greenland. Denmark proper consists of a peninsula, Jutland, and an archipelago of 443 named islands, with the largest being Zealand, Funen and the North Jutlandic Island. The islands are characterised by flat, arable land and sandy coasts, low elevation and a temperate climate. Denmark has a total area of 42,924 km2 (16,573 sq mi), land area of 42,394 km2 (16,368 sq mi), and the total area including Greenland and the Faroe Islands is 2,210,579 km2 (853,509 sq mi), and a population of 5.8 million.

Contents

Background

On 2 June 1992, Danish voters rejected the Maastricht Treaty in a referendum. On 18 May 1993, Denmark ratified an amended treaty in accordance with the Edinburgh Agreement. This meant that, among three other areas, Denmark would not be part of the European Monetary Union (EMU). In March 2000, as the currency was being launched, the Danish government led by Poul Nyrup Rasmussen, a supporter of the common currency, decided to hold a referendum on Danish entry into the monetary union. [2] In May 2000 the government tabled the bill. According to the bill, if the outcome of the referendum was in favour of adoption of the euro, Denmark would be able to join the euro area as from 1 January 2002 with the euro as "book money". Euro banknotes and coins would be introduced as from 1 January 2004, after which krone banknotes and coins would be withdrawn. [3]

Maastricht Treaty treaty that created the European Union

The Maastricht Treaty was signed on 7 February 1992 by the members of the European Community in Maastricht, Netherlands to further European integration. On 9–10 December 1991, the same city hosted the European Council which drafted the treaty. The treaty founded the European Union and established its pillar structure which stayed in place until the Lisbon Treaty came into force in 2009. The treaty also greatly expanded the competences of the EEC/EU and led to the creation of the single European currency, the euro.

Edinburgh Agreement (1992)

The Edinburgh Agreement or Edinburgh Decision is a December 1992 agreement reached at a European Council meeting in Edinburgh, Scotland, UK, that granted Denmark four exceptions to the Maastricht Treaty so that it could be ratified by Denmark. This was necessary because, without all member states of the European Union ratifying it, it could not come into effect. Denmark had first rejected the Maastricht treaty, but with the addition of the Edinburgh Agreement, ratified the treaty in a 1993 referendum. The member states that had already ratified the Maastricht Treaty did not have to do so again.

The largest political parties, including the opposition Liberals and Conservatives, were all in favour entering the EMU. So were the industrial and banking sectors and the majority of labour unions. Only one national paper (Ekstra Bladet) came out against EMU. [4] Five political parties did oppose EMU: two right-wing parties (the Danish People’s Party and the Progress Party), two left-wing parties (The Socialist People's Party and The Red-Green Alliance) and the centre-right Christian People’s Party. However, these parties were all relatively small and represented only 39 of 179 seats in parliament at the time). [4]

Venstre, full name Venstre, Danmarks Liberale Parti, is a conservative-liberal, agrarian political party in Denmark. Founded as part of a peasants' movement against the landed aristocracy, today it espouses an economically liberal pro-free market ideology.

The Conservative People's Party, also known as the Conservatives is a conservative centre-right political party in Denmark. The party is a member of the European People's Party (EPP) and International Democrat Union.

<i>Ekstra Bladet</i> Danish newspaper

Ekstra Bladet is a Danish tabloid newspaper, published by JP/Politikens Hus in Copenhagen. It was founded in 1904 as an evening edition to Politiken. In 1905 the newspaper was established in its own right and has since focused on investigative journalism, news, sports and entertainment. Poul Madsen has been its editor since 6 September 2007, when he replaced Hans Engell.

Campaign

When the referendum was called, support for the "Yes" side was just below 50% while the "No" side was just below 40% according to opinion polls. However, public opinion shifted and from June 2000 until the referendum in September all polls showed 15–20 per cent undecided and an almost fifty-fifty split between EMU-supporters and EMU-sceptics. [5]

Several factors eroded support for the "Yes" side: [6]

Wolfgang Schüssel Chancellor of Austria

Wolfgang Schüssel is an Austrian People's Party politician. He was Chancellor of Austria for two consecutive terms from February 2000 to January 2007. While being recognised as a rare example of an active reformer in contemporary Austrian politics, his governments were also highly controversial from the beginning, starting with the fact that he formed a coalition government with Jörg Haider's Freedom Party of Austria (FPÖ) on both occasions. In 2011, he retired from being an active member of parliament due to a multitude of charges of corruption against members of his governments.

Freedom Party of Austria political party in Austria

The Freedom Party of Austria is a right-wing populist and national-conservative political party in Austria. The party, led by Heinz-Christian Strache, is a member of the Europe of Nations and Freedom group in the European Parliament, as well as of the Movement for a Europe of Nations and Freedom.

Results

ChoiceVotes%
For1,620,35346.8
Against1,842,81453.2
Invalid/blank votes40,358
Total3,503,525100
Registered voters/turnout3,999,32587.6
Source: Nohlen & Stöver

By County

RegionForAgainstElectorateVotes
Copenhagen & Frederiksberg Municipality 169,154201,263446,155376,291
Copenhagen County 188,824207,026450,043399,864
Frederiksborg County 120,627117,546269,775240,562
Roskilde County 74,48779,871173,068155,940
West Zealand County 81,899112,501223,692196,344
Storstrøm County 73,936100,523200,123176,294
Bornholm County 11,66216,75233,74728,845
Fyn County 142,461166,395357,537312,237
South Jutland County 78,91483,912187,254164,610
Ribe County 68,53374,856165,339144,953
Vejle County 107,277118,464260,740229,162
Ringkjøbing County 88,40086,837202,362177,280
Århus County 202,714213,946479,278421,747
Viborg County 71,85679,198175,053152,902
North Jutland County 139,609183,724375,159326,494
Source: European Election Database

See also

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Denmark and the euro

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1992 Danish Maastricht Treaty referendum

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References

  1. Nohlen, D & Stöver, P (2010) Elections in Europe: A data handbook, p525 ISBN   978-3-8329-5609-7
  2. 1 2 Results and background for referendum EU Oplysningen (in Danish)
  3. Abildgren, Kim (2010). Monetary History of Denmark 1990–2005 (PDF). Copenhagen: Danmarks Nationalbank. p. 219.
  4. 1 2 Marcussen, Martin; Mette Zølner (2003). "The Danish EMU Referendum 2000: Business as Usual". Government and Opposition. 36 (3): 379–402 [386]. doi:10.1111/1477-7053.00071.
  5. Marcussen and Zølner, 390.
  6. Marcussen and Zølner, 389-394.