Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/146929 
Year of Publication: 
2016
Citation: 
[Journal:] DIW Economic Bulletin [ISSN:] 2192-7219 [Volume:] 6 [Issue:] 39 [Publisher:] Deutsches Institut für Wirtschaftsforschung (DIW) [Place:] Berlin [Year:] 2016 [Pages:] 473-479
Publisher: 
Deutsches Institut für Wirtschaftsforschung (DIW), Berlin
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.
Subjects: 
European Union
bail-out
fiscal solidarity
sovereign debt crisis
survey research
JEL: 
N14
F15
F34
H81
Z13
Document Type: 
Article

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