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European public opinion turns against the euro

Ben Chu

There’s some interesting findings in the latest annual Transatlantic Trends survey by the German Marshall Fund.

It suggests that European voters are distinguishing between the European Union and the single currency.

67% thought the EU had been beneficial to their economies. But only 40% felt the same about the euro. There’s now a clear majority who feel that the euro has been a negative influence.

chart16 European public opinion turns against the euro

Yet the national breakdown is also interesting. Despite the conventional wisdom that the Germans now rue the day they created the single currency, almost half of them still think it has been beneficial.

chart17 European public opinion turns against the euro

Whether the enduring popularity of the single currency in the bloc’s dominant economy will help to save the euro, however, is anyone’s guess.

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