15 Dec 2011

Do Germans support the euro?

Daniel Gros / Felix Roth

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It is widely assumed in Germany, and elsewhere, that German citizens have turned against the centrepiece of the process of deeper European integration: the euro.  The German Allensbach Institute, which conducts public opinion poll research, showed that levels of trust in the euro started to decline in April 2010, and more recently, other publications claim that an overwhelming majority of German citizens have lost trust in the euro.

In contrast, Daniel Gros, CEPS Director, and Felix Roth, Research Fellow at CEPS, find in this study that even in the midst of the ‘euro’ debt crisis, more German citizens support the euro than do not. They give explanations for these very different findings in this new CEPS Working Document.