As Denmark tries to silence speculation that it may follow Switzerland and abandon its euro peg, the nation'sbusiness leaders are adding their voice to the debate.
The Confederation of Danish Industry, which represents about10,000 companies, says the long-term cost of discarding the europeg far outweighs any potential short-term benefit.
“It takes a long time to build up a credible fixed exchange-ratepolicy,” Klaus Rasmussen, the group's chief economist, said byphone. “We shouldn't throw that away and then have to start allover again just because of a potential short-term issue.”
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