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The support for the euro has reached a new high

Twice a year, the European commission conducts a Eubarometer survey in which it asks to citizens if they are for or against a European economic and monetary union with one single currency, the euro. The support for the euro has reached a new high in the latest Eurobarometer survey published this month: 73 % of Eurozone citizens are in favor of the euro, 22% against and 5% without opinion).

  • The support for the euro has strongly risen recently in Spain and Portugal but also Germany, reaching a new high in these three countries. In Germany, Spain and Portugal, the support for the euro is now higher than before the Great Recession.
  • Italy is the Eurozone country for which the support for the euro is the lowest but figures have improved in the latest survey and there is a clear majority of Italians in favor of the single currency: 58 % of Italians are in favor of the euro,  32% against, 10% without opinion
  • The support for the euro in Greece is roughly stable: 64% for, 32% against.

 

2017-08-thought of the day-graph

 

 

DRUT Bastien , Strategy and Economic Research at Amundi
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