A new poll shows economic pessimism in Europe
The Guardian today reported on a new poll surveying members of
Europe's hope of a better future is faltering, as the financial crisis and spending cuts bite, according to a Guardian/ICM poll of five leading EU countries. It finds trust in government at rock bottom and widespread fear of further economic decline. Few people are convinced that the present signs of recovery can be sustained.The poll was carried out online using a representative sample of more than 5,000 people of working age in five leading EU states â?? Britain, France, Germany, Poland and Spain. It paints a picture of a continent confident in its liberal values and still mostly committed to EU institutions such as the euro and the free movement of people between states, but notably hostile to state spending and political leaders.
The poll also found deep economic pessimism in among Europeans:
Overall, 40% of those polled think their economy will get worse over the next 12 months, against 20% who think it will improve. Only in Germany are more people optimistic than pessimistic. Economic anxiety is greatest in France, where pessimists outnumber optimists by a net difference of 46 points. In Britain, the difference is 40 points and in Poland 30 points. Spain is more optimistic, with a net difference of 18 points â?? which could be explained by few people in the country thinking things can get worse than they already are.