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Unchanged Support For The Euro Before Brexit But Optimism About EU'S Fut

Published 08/02/2016, 03:33 AM
Updated 05/14/2017, 06:45 AM

The European Commission's Spring Eurobarometer survey shows unchanged support for the euro as a common currency.

However, the survey should not completely remove the concern that Brexit will increase political uncertainty in the EU as it was carried out before (21-31 May) the UK voted to leave the EU and as the negotiations between the UK and EU have still not started.

This said, the survey confirms a significant difference between the UK's (17%) and the rest of the EU's (55%) support for the euro as a single currency, suggesting a low likelihood of other potential EU leavers.

At an EU level, the optimism about the future of the EU declined further to 50% in spring 2016, from 58% a year earlier. This brings the optimism to the lowest level since the debt crisis in 2011-12.

In Germany in particular, the optimism about the EU's future has weakened and it remains below crisis levels after declining sharply in autumn 2015.

To read the entire report Please click on the pdf File Below

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