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Solidarity with EU Countries in Crisis: Results of a 2015 Socio-Economic Panel (SOEP) Survey

DIW Weekly Report 39 / 2016, S. 473-479

Holger Lengfeld, Martin Kroh

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Abstract

In response to the European sovereign debt and currency crisis, the EU has begun to implement measures toward fiscal solidarity at least for the euro area. Survey data from the Socio-Economic Panel (SOEP) study show that just under half of all adults in Germany generally support providing assistance to EU countries experiencing financial difficulties. Almost one in three respondents also advocate the idea of an individual solidarity contribution for countries in crisis. In return, the majority of people in Germany expect these countries to reduce public spending and forge ahead with privatization. Only a minority call for the crisis country to make cuts in its social spending.

Martin Kroh

Senior Research Fellow in the German Socio-Economic Panel study Department



JEL-Classification: N14;F15;F34;H81;Z13
Keywords: European Union, bail-out, fiscal solidarity, sovereign debt crisis, survey research
Frei zugängliche Version: (econstor)
http://hdl.handle.net/10419/146929

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