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The EMU opt-out means that Denmark is not obliged to participate in the third phase of the European Exchange Rate Mechanism, that is, to replace the Danish krone with the euro. The abolition of the euro opt-out was put to a referendum in 2000 and was rejected. The JHA opt-out exempts Denmark from certain areas of home affairs.
The opt-out from the JHA policy area was originally obtained by Ireland and the United Kingdom in a protocol to the Treaty of Amsterdam of 1997, and was retained by both in the Treaty of Lisbon. [4] In contrast, Denmark has a more rigid opt-out from the area of freedom, security and justice.
Denmark uses the krone as its currency and does not use the euro, having negotiated the right to opt out from participation under the Maastricht Treaty of 1992. In 2000, the government held a referendum on introducing the euro, which was defeated with 53.2% voting no and 46.8% voting yes.
1 in ERM II, without an opt-out 1 in ERM II, with an opt-out ( Denmark ) 5 not in ERM II, but obliged to join the eurozone on meeting the convergence criteria ( Czech Republic , Hungary , Poland , Romania , and Sweden )
The defence opt-out meant that Denmark did not participate in the Common Security and Defence Policy or EU military operations. [5] In addition, the opt-out meant that Denmark did not participate in the decision processes in the EU related to military operations. [6] This is the third referendum to be held in relation to the country's opt-outs.
Denmark uses the krone as its currency and does not use the euro, having negotiated an opt-out from participation under the Edinburgh Agreement in 1992. In 2000, the government held a referendum on introducing the euro , which was defeated with 46.8% voting yes and 53.2% voting no.
Denmark has twice voted against closer union: in 1992, the Danes voted against ratification of the Treaty of Maastricht, [23] but approved it after the Danish Government renegotiated its terms to secure Danish opt-outs from some of its provisions; [8] in 2000 in another referendum, [8] Denmark decided by a small majority not to join the euro ...
Election posters in Copenhagen. A referendum on one of the country's opt-outs from the European Union was held in Denmark on 3 December 2015. Specifically, the referendum was on whether to convert Denmark's current full opt-out on home and justice matters into an opt-out with case-by-case opt-in similar to those held by Ireland and the United Kingdom.