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08 Dec 2010

The Eurozone Crisis and Its Effects on Citizens’ Trust in National Parliaments

Felix Roth

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Citing evidence that the levels of net trust in the national parliaments have dropped to -50% in three of the four troubled periphery eurozone countries (Ireland, Spain and Greece), this Commentary warns that the European and national policy-makers’ strategy of the three no’s – no bail-out, no default and no exit –appears to threaten political stability in these countries.
Felix Roth is a Research Fellow at CEPS.