The EU must take action to reduce public spending and boost economic growth, according to almost half of Europeans
The latest Eurobarometer published by the European Parliament shows that almost half of the Europeans surveyed believes that combining public spending cuts with measures to boost economic growth is the best way to end the current economic crisis. In addition, most Europeans feel that pooling part of the public debt would benefit only those Member States that are in dire straits, but 64% feel that it should be done in the name of solidarity nevertheless.
According to the results of the latest European Parliament Eurobarometer published, almost half of the Europeans surveyed think that the best way to end the current economic crisis is combining public spending cuts with measures to boost economic growth, over half say these measures should be coordinated among Member States. Within the euro zone, 61% favoured coordination, compared to only 43% outside it.
On the other hand, most Europeans say financial help for Member States in economic or financial difficulty must be made conditional upon compliance with common rules, such as jointly-defined rules on deficits. They also say that penalties should be imposed when these rules are broken. In addition, most Europeans feel that pooling part of the public debt would benefit only those Member States that are in dire straits, but most also feel that it should be done in the name of solidarity nevertheless.
Regarding the financial transaction tax, most Europeans are in favour of applying it. Another Eurobarometer opinion pull made public in June 2011 by the European Parliament showed a strong support for the financial transaction tax. However, there is much support to this measure within the euro zone (73% in favour) than outside it (53%). The strongest support for such a tax is found in Greece, Cyprus, Italy, Portugal and Spain.