Question

Which of the following countries have not accepted Euro as the common currency?

• A. Denmark and Sweden
• B. Spain and Portugal
• C. Greece and Germany
• D. France and Austria

Answer 1

The Correct Option is A

The countries that have not accepted the Euro as their common currency are Denmark and Sweden.

Additional Context:

• Denmark has an opt-out clause from the Eurozone
• Sweden maintains its own currency (Swedish krona) by not meeting ERM II requirements
• All other options (Spain/Portugal, Greece/Germany, France/Austria) are Eurozone members
• Some non-Euro EU members: Poland, Hungary, Czech Republic, etc.

Correct Answer: (1) Denmark and Sweden

Answer 2

• The Euro is the common currency adopted by most European Union (EU) member countries forming the Eurozone.
• However, not all EU countries have adopted the Euro.
• Denmark has an official opt-out from the Euro under the Maastricht Treaty, and it continues to use the Danish krone.
• Sweden has not adopted the Euro either. Although it is obliged to join eventually, Sweden has deliberately not met the criteria (such as not joining the ERM II system) to avoid adoption.
• In contrast:
  • Spain and Portugal,
  • Greece and Germany,
  • France and Austria — all use the Euro as their official currency.

So, the correct answer is (1): Denmark and Sweden