Most Greeks reject austerity attached to bailout aid, but support euro: survey

An overwhelming majority of seven out of ten Greeks reject harsh austerity attached to bailout agreements with international lenders which keep debt-ridden Greece afloat since 2010, according to a new opinion poll released in Athens on Tuesday.

However, the survey conducted by Public Issue for the local Kathimerini newspaper and SKAI television and radio channels, said 67 percent said they supported the European common currency and Greece's future in the euro zone.

Without multi-billion rescue loans from European counterparts and the International Monetary Fund, Greece faces a chaotic default and possible exit from the eurozone.

Tough cuts on salaries and pensions and tax increases over the past two years have put a heavy burden on the shoulders of the average Greek household, fuelling record high rates unemployment and recession.

Via – Xinhuanet

 

Get OANDA's exclusive weekly Market Pulse FX

Email Address: Preferred Format:
Market News and Data brought to you by Benzinga APIs
Posted In: NewsGlobal
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...