Denmark's Referendum on the Euro: The mouse that roared ... again

Just as they had almost a decade earlier; Danish voters on 28 September 2000 went to the polls and sent shockwaves through the European Union by rejecting a government-sponsored referendum on joining die EU's single currency, the 'euro'. Danes said 'Nej' to tire embattled currency casting new doubt on their country's commitment to the European project and emboldening euroscepetics throughout the continent and across the English Channel. The decision to remain outside the eurozone is notable for the humiliation it caused Prime Minister Poul Nyrup Rasmussen and Iris government, as well as for the impetus is gir es to a two-tier EU. The 'yes' camp's failure to keep the campaign based on economic rather than political logic, the euro's precipitous decline, and the EU's sanctions against Austria contributed to the referendum's dramatic outcome.