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Survey: Europeans lose faith in EU, not in the euro

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Published 29 May 2012, updated 30 May 2012

Support for European integration has fallen sharply across the European Union since the public debt crisis began, but few Europeans want to abandon the euro and stricken Greeks are keenest to keep the common currency, a study showed.

A growing number of Europeans in Britain, France, Spain, Italy, the Czech Republic, Poland and Greece say integration has weakened their economies and question whether membership of the European Union is a good thing, according to a report published today by the non-profit, Washington-based Pew Research Centre.

​The study aims to provide a greater insight into attitudes and trends in Europe and has been taken into account previously by U.S. officials when formulating policies towards the continent.

Only in Germany, Europe's largest economy and biggest contributor to the bailout programmes supporting indebted Ireland, Greece and Portugal, has enthusiasm for the EU grown since 2009. Sixty-five percent of Germans see membership in a positive light, up 2 percent from a Pew poll in 2009.

Yet even as 54% of Spaniards doubt the value of being in the European Union - a huge political and economic project created in the aftermath of World War Two - the fall in support does not translate into calls to ditch the euro currency.

Despite enduring the country's second economic recession in just three years, 60% of Spaniards still support the common currency, highlighting the tensions and contradictions of a bloc guided by a founding philosophy of "ever closer union."

In Greece, where a rejection of the EU/IMF-mandated austerity programmes by voters earlier this month has intensified concerns that the country may leave the euro, just 23% of the population want to return to the drachma.

"The irony here is that people who have the euro still want to keep it," said Bruce Stokes, director of Pew's global economic attitudes project in Washington.

"People realise that it would be a leap into the dark to go back to their old currencies," he said.

A desire to drop the euro appeared to be strongest in Italy, with 40% of those polled saying they wanted to return to the lira, but with a majority in favour of the common currency.

In Britain, where the question of European economic and political union have divided the country and toppled prime ministers for more than half a century, 73% of people polled said being out of the euro was a good thing.

Many economists and academics say the euro, which was introduced to Europeans in coin and note form on January 1, 2002, is flawed because it lacks the structural underpinning to make it work as a common currency across 17 economies.

Given the lack of an obvious alternative to the euro, EU leaders agreed at a summit in Brussels this month to look at ways to deepen integration across the eurozone and possibly move towards a fiscal union to complement monetary union.

For its study, Pew polled, between mid-March and mid-April, about 1,000 people in each of the surveyed countries in the euro zone - Germany, France, Italy, Spain and Greece - as well as in non-euro zone Britain, Poland and the Czech Republic.

EurActiv.com with Reuters

COMMENTS

  • Elmar Brok MEP clearly refuted that the Eurozone faced a choice of austerity or growth, it was much more a choice between structural reforms or stagnation. Europe needs to become more competitive quickly.

    Americans were surprised that they were not blamed more for causing the crisis.

    Eurozone citizens desire to keep the Euro but not the austerity is also logical in that the costs of non-euro are high even if the risks are not overwhelming.

    Finally, better title for the report, proposed by one EU official at launch, in place of 'European Unity: on the rocks' would be 'European Union: shaken not stirred'.

    By :
    Patrick Ritson
    - Posted on :
    30/05/2012
  • The biggest reason why the EU is in the terrible constantly unfolding socio-economic disaster is not all to do with inept politicians and unscrupulous bankers with no empathy with society, but a total lack of having a driving economic policy based upon innovation and its exploitation. In this respect one can never get away from the fact that ALL real and ‘New’ wealth is technologically based. When we look at the history of the world, advanced technological concerns have always been at the leading-edge of the wealthiest and most powerful entities in the world. The reason, new technology makes old thinking and established technology redundant over time. The great companies of the world that we presently have are predominantly technologically driven. ‘Apple’ is a prime example of how technology can drive at times a corporate to the very pinnacle of the world’s richest companies. Not that long ago in relative terms, it may have gone bust. Therefore technology turns around the financial fortunes of corporations and creates vast numbers of jobs in the process.

    Therefore the EU’s problems are firmly based in not having an innovative structure that exploits this fundamental building block of economic dynamism. The ‘elites’ in the EU may think that they have but where they are simply deluding themselves and the 750 million Europeans within the EU. Indeed if the European Commission thinks that they have got it so right, why are we in constant stagnant waters when it comes to the global export markets where they decline more than advance year on year?

    What the EU has to do for its survival is to create the pan-European infrastructure that allows innovation and its exploitation to flourish. Presently we have not got this even though the ‘élites’ think that we have. Common sense dictates that we have to have new fundamental thinking first and not research and development first, which the EU leaders and mandarins think is the correct step-wise mechanism - they simply leave out the most important, the fundamental creative stage which is the most vital for our future.

    It is time to save the EU if it wants to be saved. There are differing views on this but exist or not, the successful or dire effects will be on the people of Europe, not the bureaucrats who decide our futures. Therefore not until we have a totally integrated system that is working throughout the whole of the EU when it comes to innovation, we shall continue in decline. Why cannot the powers that be see the reasoning in establishing a pan-EU system of creative incubators, for that is where the long-term prosperity of Europeans resides (the most creative people in the world through international studies)? But possibly this is because they do not understand. The reason, they never wish to think-out-of-the-box and to listen to those who just might have the solutions. Elitism I am afraid will be the death of us economically and socially over time !!!

    Dr David Hill
    Chief Executive
    World Innovation Foundation

    By :
    Dr David Hill - World Innovation Foundation
    - Posted on :
    30/05/2012

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