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A vision for Europe?

A vision for Europe?

Eurovision 2013 – a glittering spectacle where Europeans come together to celebrate national pride – has drawn to a close. What better time to release a study that shows just how differently each European nation views itself – and each other?

Pew Research Centre has released a report entitled “The New Sick Man of Europe: the European Union”. Its findings add weight to the argument that the current state of the European Union is unsustainable. It states, “the prolonged economic crisis has created centrifugal forces that are pulling European public opinion apart, separating the French from the Germans and the Germans from everyone else”. Favourability for the European Union has fallen from a median of 60% in 2012 to 45% in 2013.

It’s a compelling report that is well worth a read. For today’s blog post, we wanted to share the section that we found most interesting – the opinions that Europeans hold of themselves and each other.

Everyone, except Greece, viewed Germany as the Most Trustworthy country (the Greeks saw themselves as being the Most Trustworthy). Italy acknowledged that they have a lot of trust to rebuild. Interestingly, Poland viewed Germany as both the Most Trustworthy and the Least Trustworthy nation. The French saw themselves as both the Most Arrogant and the Least Arrogant, while Italy, Spain, and Greece all saw Germany as the Least Compassionate nation.

And which country do you think was considered the Most Compassionate? Well, each and every country voted for itself.

The Eurovision Song Contest has been running since 1956. With opinions like those shown in this study do you think that the European Union have such longevity?

This post was contributed by a representative of Montgomery Investment Management Pty Limited (AFSL No. 354564). The principal purpose of this post is to provide factual information and not provide financial product advice. Additionally, the information provided is not intended to provide any recommendation or opinion about any financial product. Any commentary and statements of opinion however may contain general advice only that is prepared without taking into account your personal objectives, financial circumstances or needs. Because of this, before acting on any of the information provided, you should always consider its appropriateness in light of your personal objectives, financial circumstances and needs and should consider seeking independent advice from a financial advisor if necessary before making any decisions. This post specifically excludes personal advice.

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2 Comments

  1. Interesting but bias in the current economic climate. Isn’t this more a reflection of attitudes developing from the financial crisis in the EU ? Would the Le Pen’s right wing party in France have as much popularity if economic times were good and not on knifes edge ? Im sure the more unemployed Greeks you get, the greater the dislike of EU countries they feel are responsible.

  2. Tony Kynaston
    :

    I worked for Shell many years ago and attended conferences in Europe. I chuckled that the English would snicker at the Germans, the French would not speak after the English, the Austrians would avail themselves of the beer, the portugese would snigger at the Turks, etc. Uniting Europe is a tought ask

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