According to a Financial Times poll, only a minority of ordinary Germans want Greece to stay in the eurozone. There's not much optimism left that the government in Athens will be push through required reforms. Only about a quarter of ordinary Germans are in favor of debt-stricken Greece remaining in the euro area, a poll published by the Financial Times on Monday indicated. It revealed strong reluctance to grant Greece yet another bailout installment. The study also found that about 26 percent of ordinary Germans believe that Greece would eventually fail to pay back loans to international creditors. And, almost half of the respondents thought the government in Athens would not be adamant in pushing through far-reaching economic reforms needed to wriggle out of the current financial dilemma. Spaniards, Italians more hopeful The poll by the Harris Institute also questioned Spaniards and Italians about Greece's prospects. These respondents appeared a lot more confident than Germans about Athens' reform endeavors. According to the survey, 88 percent of Italians and 70 percent of Spaniards said they at least had some hope that Greece could efficiently restructure its economy for it to stay in the eurozone and get its finances in order. Doubtful money flows But there was still a bumpy road ahead for Greece, the Global Financial Integrity pressure group told the German magazine Der Spiegel. It claimed that some $261 billion (207 million euros) had been taken out of Greece illegally since 2003, mostly involving large-scale corruption or tax evasion. Greece was supported by international lenders with a second tranche of bailout funds to the tune of 130 billion euros. A third installment of 31.5 billion euros hinges on the results a reform audit by The European Union, The European Central Bank (ECB) and the International Monetary Fund (IMF). Their experts are due to return to Athens this week to complete the assessment.
GMT 12:09 2018 Monday ,26 November
Black Friday less wild as more Americans turn to online dealsGMT 15:07 2018 Sunday ,18 November
Refugee host countries discuss UNRWA's financial crisisGMT 17:22 2018 Wednesday ,31 October
Russia climbed to 31st place in Doing Business-2019 ratingGMT 16:53 2018 Wednesday ,17 October
"Putin" We need for collective restoration of Syria's economyGMT 14:02 2018 Friday ,12 October
Govt to announce incentives package for Overseas PakistanisGMT 18:26 2018 Saturday ,06 October
Dubai attracts Dh17.7 billion in foreign direct investmentGMT 09:02 2018 Friday ,21 September
Economy of Georgia demonstrates "strong signs of recovery"GMT 09:03 2018 Wednesday ,24 January
German investor confidence surges in JanuaryMaintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
Send your comments
Your comment as a visitor