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Growing belief in economic recovery in Europe

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Staff writer ▼ | December 23, 2013
According to the latest Eurobarometer survey, Europeans are becoming slightly more optimistic about the economic situation in Europe.
Europe
EuropeAccording to the latest Eurobarometer survey, Europeans are becoming slightly more optimistic about the economic situation in Europe.


More than half of Europeans (51%) say that they are optimistic about the EU's future (up from 49% in the Spring 2013 Eurobarometer, see Annex). Overall, 43% (+1 percentage point compared to the spring 2013 survey) of citizens believe that the EU is heading in the right direction to emerge from the crisis and face new global challenges (See Annex).

Optimism is also on the rise as the number of Europeans saying that the impact of the crisis on employment has reached its peak is up by 4 percentage points (from 36% to 40%).

Challenges remain: Unemployment (49%, -3), the economic situation in general (33%, stable), inflation (20%, stable) and government debt (15%, -1) are the four main concerns Europeans say they face at national level while, at personal level, inflation is clearly the leading issue (40%, -1). Europeans regard the economic situation in general (45%, -3), unemployment (36%, -2) and the state of Member States' public finances (26%, -4) as the main issues facing the EU at this moment.

Focus on Ireland: As Ireland exits its bailout programme, survey results show notable improvements in Irish citizens' perceptions of the economic situation in their country

The number of Irish people saying that they expect the national economic situation to improve in the next year has risen by 12 percentage points, and the number of Irish citizens assessing the state of their national economy as good has increased by 11 percentage points.

Finally, support for the economic and monetary union with a single currency, the euro, has remained almost stable, with more than half of Europeans in favour (52%, +1 since Spring 2013). In 21 Member States, an absolute majority of respondents are in favour of the euro, with the highest levels recorded in Luxembourg (79%), Slovenia (78%), Slovakia (78%), Estonia (76%), and Finland (75%).


 

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