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German Public Think is Better Off Without The Euro; european central bank

German Public Think is Better Off Without The Euro

by verentz
published on Jul 31, 2012

The majority of German citizens view their country would be better off without the euro, according to a poll published yesterday. Emnid poll results announced by the magazine Bild am Sonntag showed 51% of respondents believed Europe's biggest economy is better outside the euro zone. Only about 29% who say otherwise. The survey also showed 71% of respondents wanted to Greece out of the euro if they do not fulfill the promise of savings. Economy Minister Phillip Roesler told the magazine there is no doubt Greece could fulfill his promise. "The implementation of reform failed. There is no income tax. The promise of privatization of state assets is also not materialized, "he said. He added if Greece is unable to meet its obligations, there is no more funding, then Greece will go bankrupt. Roesler and his party, who is a member of the coalition government, it has long hesitated to implement reform Greece is important to keep in euro.

  
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