60% of Germans believe in euro's future: poll

29th June 2011, Comments 0 comments

A majority of Germans believe the euro and the 17-nation eurozone will survive the current turmoil intact and are satisfied with the European Union or want closer integration, a poll showed Wednesday.

Sixty percent expect the single currency area to make it through the debt crisis in its current form, but 37 percent think some countries will bring their old currencies back, the Forsa poll in the Stern weekly showed.

Almost a quarter (23 percent) of the 1,000 people surveyed last week said that they were willing to pay a special tax to help Greece out, according to the survey, which was due to be published on Thursday.

It also found Germans divided on whether they favoured Germany contributing to a second package for Greece, following bailouts for Ireland and Portugal, with 49 percent in favour and 47 percent opposed.

Forty percent are happy with the amount of political integration in the 27-nation EU and 23 percent think the bloc should move towards becoming a close federation along the lines of the United States.

But 33 percent think that member countries should be given back some of the decision-making powers that has been lost to EU headquarters in Brussels in recent years, the survey indicated.

Amid street violence, Greece's parliament approved a 28.4-billion-euro ($40.8-billion) austerity package vital for Athens to get 12 billion euros of emergency loans needed by mid-July to avoid a default.

The money is part of a 110-billion-euro aid package agreed last year with the EU and the International Monetary Fund that polls showed was unpopular with voters in Europe's biggest economy and main paymaster.

© 2011 AFP

0 Comments To This Article