Euro-Area Optimism at 12-Year High as Economy Recovers

• Support for the common currency is the highest since autumn 2004

Public support for the euro rose to a 12-year high among citizens of the currency bloc, according to the results of the latest Eurobarometer survey commissioned by the European Union. Almost three-quarters of respondents in the poll support the ‘economic and monetary union with one single currency, the euro,’ the highest reading since the fall of 2004. Adding to signs of increasing optimism, against the backdrop of a strengthening economic recovery, 56 percent of Europeans are now confident about the future of the EU — an increase of six percentage points from fall 2016.