No from the Danes

ON SEPTEMBER 28th, the people of Denmark are due to vote on whether their country should adopt the euro—the latest in a long series of momentous Danish votes about the European Union. If they vote to join, it will be seen as a triumph for the single currency, bringing its actual or soon-to-be membership to 13 of the EU's 15 countries, and putting pressure on Sweden to follow suit. Britain would, as so often, stand alone. Yet as it happens, the latest opinion polls suggest that the Danes will reject entry (see article). If so, that will be greeted by many newspaper headlines decrying (or celebrating) it as a huge blow against Europe, and the ever-sinking euro. But that would be wrong. A “No” vote in Denmark could actually be the best outcome for Europe.