Euro Currency Index summer of 2007, the index began to decline. On 6 February 2009 a value of 187.84 points was determined. In the following eight months, the European single currency rebounded from the lows. On 13 October 2009, the index rose by 208.45 points, near its historical high point. A financial crisis in several member states of the Euro zone in 2010 led to the outbreak of the Euro crisis. Particularly affected is Greece (see Greek government-debt crisis from 2010), but also other countries such as Ireland, Spain, Italy and Portugal. The weakness of the Euro against almost all global currencies caused
Sweden and the euro main aim for this is to protect Swedish banks against being “too big to fail”. Sweden's Financial Markets Minister Per Bolund has said that the country is conducting a study on joining, which is planned to be completed by 2019. The only disadvantage is that Sweden would be a member, not have any voting rights as it is not a member of the euro. Sweden and the euro Sweden does not currently use the euro as its currency and has no plans to replace the krona in the near future. Sweden's Treaty of Accession of 1994 made it subject to