Europe

Europeans’ confidence in the EU declined to a six-year low as the bloc faced the Greece-led debt crisis, according to the latest Eurobarometer survey. The poll was conducted in May, when investors dealt with the impacts of Greece’s financial crisis on the stability of euro, Bloomberg reports.

“Our spring survey, conducted at the height of the crisis, reflects the difficult times and challenges that Europeans faced during the past months,” EU Justice Commissioner Viviane Reding said in a statement. “Since then, the EU has taken important and bold steps to restore confidence. As a result, the euro has rebounded and we are now seeing the start of growth in Europe’s major economies.”

About the author

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    Ma. Rizza Leonzon

    As a former staff writer, Rizza focused mainly on business coverage, including key donors such as the Asian Development Bank and AusAID.