Austrian Trust in Euro Decreases

BusinessEconomy ♦ Published: January 27, 2012; 18:27 ♦ (Vindobona)

Austrians became more skeptical to the common currency. Analysts see a “crisis of confidence”.

Austrian Trust in Euro Decreases / Picture: © Vindobona.org

A majority of the Austrian population supports the EU´s crisis management, a survey stated. Nevertheless, trust in the common currency has reached a new low.

41% of the interviewees stated, that the crisis management heads for the right direction. 29% think that the EU´s politics does not perform well. In 2010, still 64% of the Austrians said to have confidence in the euro. At…