One day after the referendum took place in Sweden, anti-Euro campaigners all over the UK express their satisfaction and assure everyone that the UK should and will not adopt the Euro for years to come. But what does this mean for the UK and what does it mean for Europe?

Reading the opinions and polls taken by the BBC yesterday, it was clear to me that most people that voted ‘yes’ were pretty clear as to why they chose to do that. On the contrary, almost everyone voting ‘no’ either claimed ignorance, fear for something new or indifference. Not a single person (out of those interviewed by the BBC Online) had any serious or economically valid comment to make with regards to the ‘no’ vote that they cast earlier that day, although, of course, there are several arguments in favour of this decision.

It seems to me that, both in the UK, Sweden and in other countries outside the Eurozone, the majority of people against the adoption of the single currency are entrenched with politics and erroneous beliefs — most of them completely irrelevant to economics — and fail to see the true potential of the Euro as a European currency. They attach political beliefs, social beliefs and decades old ideology to something new, something purely economical (in the scientific sense), something that, in my view, in the long term will definitely help preserve the culture, society and values of Europe, by keeping/making Europe a stronger economic power in the world arena.
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