A Swedish conservative group critical of the European Union said Wednesday it would create a new political party offering a true "political alternative" in time for European elections next June.

The new party will provide a home for voters who do not agree with the traditional rightist, market liberal or Social Democratic parties' pro-EU stance, but who also do not want to vote for the anti-Union Greens or Left parties, it said.

"We are presenting a political alternative for Swedish voters who have been made homeless through the establishment's treatment of the EU question," former head of Sweden's central bank Lars Wohlin and Swedish economist Nils Lundgren wrote in an article in leading Swedish daily Dagens Nyheter.

The referendum last September on whether Sweden should swap its krona for the euro clearly showed that the political elite, which was mainly in favor of entering the eurozone, was out of touch with the majority of citizens, they wrote.

Fifty-six percent of Swedes voted against adopting the common currency, with only 42 percent in favour.

"In our opinion, about 40 percent of the citizens are now politically homeless," Wohlin and Lundgren said.

Wohlin and Lundgren said that their party did not want Sweden to leave the EU, but that it would work to limit the Union's influence on national policies.

"More and more areas are being put on the EU's agenda, (including) social rights, tax rules, hunting questions, forest protection, the right to eavesdrop, women's breast implants, working hour rules, and harassment at the workplace," they wrote. "We say yes to a continued EU membership but no to a continuously growing EU-state, and we want to roll back the EU's power."

Wohlin and Lundgren also said their new party would push for the right of individual member states to reinstate boarder controls if such a move is necessary to stop drug trafficking, alcohol and tobacco smuggling, or human trafficking.