Bloomberg survey shows frustration at eurozone crisis
A Bloomberg/YouGov survey of the UK, Denmark, France and Germany has found that the countries are frustrated at the Eurozone crisis.
The majority of each country said no to more bailouts being used: with 65% from the UK, 59% from Germany, 47% from France and 42% from Denmark saying they disagreed with more bailouts being used, even if it meant keeping the Eurozone intact.
Michael Nardis, head of YouGov investment products, said: “Public sentiment is overwhelmingly against any more bailouts, particularly given the rest of Europe's anger directed at Greece, making this an increasingly combustible situation. Investors should consider putting some discount factor on the likelihood of further bailouts given the political climate.”
The research also showed that 58% of Germans, 45% of French, 45% of Britons, and 43% of Danes support ejecting Greece from the common currency.
While there is support for expelling Greece from the common currency, France and Germany remain supportive of the euro itself. Only 31% of French supported withdrawing from the Eurozone, with 53% supported staying in it. In Germany, 44% supported dropping the euro to 48% who supported keeping the euro.
Britons and Danes both remain opposed to joining the Eurozone, with only 9% of Britons approve to 85% disapproving; while 37% of Danes want to join compared with 61% disapproving. YouGov has said that this is among the lowest support that YouGov has ever seen for the euro.