Not necessarily destabilised, but Sweden has deliberately opted not to join the European Exchange Rate Mechanism which purpose is to stabilise currency exchange rates.
Sweden is by law bound to adopt the Euro, but by choosing not to join the ERM II, Sweden by extension can’t join the Euro because they technically don’t fulfil the requirements.
This is of course a simple loophole that could be closed by the EU, but there hasn’t really been much political will to do anything about it.
Not necessarily destabilised, but Sweden has deliberately opted not to join the European Exchange Rate Mechanism which purpose is to stabilise currency exchange rates.
Sweden is by law bound to adopt the Euro, but by choosing not to join the ERM II, Sweden by extension can’t join the Euro because they technically don’t fulfil the requirements.
This is of course a simple loophole that could be closed by the EU, but there hasn’t really been much political will to do anything about it.