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CURRENCY

More Swedes favour euro over krona: poll

A majority of Swedes would favour switching from the krona to the euro if a referendum on whether Sweden should adopt the common European currency were held today, a new poll shows.

More Swedes favour euro over krona: poll

According to a poll from Statistics Sweden (SCB), 44 percent of Swedes would vote yes to the euro, while 42 percent indicated they would vote no.

The results mark the first time since Sweden’s 2003 referendum on the euro that a majority of Swedes favour ditching the krona.

“It’s a little surprising,” said SEB bank currency analyst Carl Hammar, to the TT news agency.

Historically, Swedish support for the euro increases when the krona depreciates. But during much of 2009, the Swedish currency has strengthened relative to other currencies, albeit from rather low levels.

And the Swedish economic crisis would have likely been worse if Sweden had been part of the eurozone.

“We’ve been helped enormously by the krona being relatively weak,” said Hammer.

Around 14 percent of respondents indicated they were undecided about how they would vote in a referendum on the euro, however, and the 2 percent advantage for the pro-euro camp isn’t statistically significant.

Major differences also remain between the level of support for the euro among men and women.

Among men, 50.3 percent favour the euro, while 38.4 percent want to keep the Swedish krona.

The results are reversed for women, however, with 37.2 percent indicating they would vote yes to the euro, while 45.6 percent said they would vote against switching to the European currency.

Since SCB’s last poll in May, there has been a noticeable increase in support for the euro among sympathizers of both the Social Democratic and Moderate parties.

In addition, fewer Social Democratic supporters indicated they are against adopting the euro.

Compared with results from a poll conducted in November 2008, there has been an increase in the number of people who would vote yes to the euro among sympathizers of all political parties represented in the Riksdag except the Centre Party and the Christian Democrats.

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MONEY

How to avoid falling victim to tax scams in Sweden

Sweden's tax agency, Skatteverket, warns of an increase in scams when it's time for Swedish tax-payers to declare their taxes.

How to avoid falling victim to tax scams in Sweden

Anyone who earned more than 22,208 kronor last year received their tax returns digitally last week, marking the start of tax season.

That also means an expected peak in tax-related scams, Skatteverket warns.

Most of the scams are so-called phishing scams, meaning attempts to steal the victims’ personal information. Fraudsters may for example email a person, pretending to represent Skatteverket, and ask them for, among other things, their banking details.

“We’re seeing these in all channels. They use fake emails, SMS, letters and in some cases even phone calls. It is particularly common in tax declaration times – just when we’re about to send out the tax returns, the e-service opens and it’s possible to declare – but above all when it’s time for tax rebates,” Jan Janowski, a Skatteverket expert, told Swedish news agency TT.

A scam email might for example state that you’re entitled to a tax rebate and that you should click a link to receive it. Don’t click any links, open any attachments or reply to the message. Skatteverket advises that you immediately delete the email or text message.

Another common scam is that you receive a text message claiming to be from Skatteverket, telling you that you owe them money and you need to log in to calculate the amount. The website you’re urged to log in via does not belong to Skatteverket. Don’t click the link.

The agency stresses that it never asks people for their banking details. The exception is that you may be asked for your bank account information if you log into Skatteverket’s website to declare your taxes, but that always first requires you to log into the site.

To receive your tax rebate, you need to inform Skatteverket of your bank account number. You do this not by clicking a link in an email or SMS, but by logging into their website using a digital ID, for example BankID, and submitting your details. Only do this on your own initiative. If someone calls you and asks you to log in with your BankID during the phone call, don’t do it. That’s another common scam.

Skatteverket will also never call you to ask for your bank account or credit card number.

It will be possible to declare your taxes from March 19th. You’ll receive any tax rebate you’re owed by mid-April or early June, depending on when you submit your tax return. These are the dates when fraudsters are likely to attempt the most scams.

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