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Most Germans oppose increased euro bail-out

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Most Germans oppose increased euro bail-out
Photo: DPA

As their politicians prepare for next Thursday’s parliamentary vote on extending the euro rescue fund, a survey has found that a clear majority of Germans do not want them to decide in favour.

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A survey commissioned by public broadcaster ZDF showed that 75 percent of those asked, rejected the idea. Only 19 percent supported the proposed increase to €211 billion of the German credit guarantees to rescue the euro.

This rejection was fairly evenly spread through all political colours, with 70 percent of conservatives expressing that view as well as 73 percent of Social Democrat (SPD) supporters, 71 of Left voters, 67 percent of Green supporters and 82 percent of Pirate Party supporters, the Handelsblatt newspaper reported on Friday.

Yet 50 percent of those asked said they would not consider it a good thing if the European Union allowed Greece to go bankrupt. And 68 percent believed such a conclusion to the crisis would be a bad thing for Germany’s economy, with just 15 percent expecting such an eventuality to have a positive effect.

When asked which party they considered best able to deal with the crisis, 29 percent plumped for the Christian Democratic Union (CDU), while 23 percent said the SPD would be best, while just three percent said the Free Democrats could do the best job, one percent went for the Left party, and two percent wanted the Greens to deal with it.

A further 14 percent said no party was in a position to deal with it and 28 percent said they did not feel able to answer the question.

The Local/hc

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