Support for Euro Rises in EU-19

EU | November 6, 2015, Friday // 20:05|  views

Support for the euro has increased among citizens of the euro area in 2015, reaching an all-time high, according to the latest Eurobarometer survey of the European Commission.

An overall 61% of respondents have confirmed that they see the European single currency as good for their own country, compared to 57% last year, the Commission said on its website.

“This marks the highest level of support since the Commission started the surveys in 2002,” the EU executive body said.

Support was highest in Luxembourg at 79%, followed by Ireland, which completed an economic adjustment programme in 2013, with 75%.

Support for the euro has also increased in all other countries which have implemented or are implementing economic adjustment programmes.

In Portugal, 61% of respondents see the euro as good for their country (+11 percentage points). The share of those supporting the euro as good for their country, has increased in Spain (64%, + 8pp. Support has also increased in Cyprus, reaching 50% (+ 8pp) and Greece (65%, +6pp).

Moreover, 71% of respondents said that the euro is good for the EU as a whole.

The survey was conducted from 12 to 14 October among some 17 500 citizens of the 19 member states of the euro area.

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Tags: Eurobarometer, European Commission, euro, single currency


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