Sweden and the banking union - summary SOU 2019:52

This report sets out the advantages, disad-vantages and the risks that are associated with participating in or re-maining outside that the inquiry has identified and analysed. The starting point for the inquiry is that Sweden does not have the euro as its currency. In that light, the inquiry has assessed the possibilities for Sweden to participate in the banking union on terms equivalent to euro area Member States. The inquiry has based its analyses on developments and experiences of the banking union so far. The banking union has only been operational for five years. Thus quali-fied assumptions about future.