bailout

Amidst the ongoing recession and speculation about the extent to which EU member states can or will help each other out, the Institute for Free Enterprise in Berlin, in collaboration with Open Europe, published a new poll which shows that 70% of Germans are against using public money to bail out other countries that have gotten into financial difficulties.  This is in spite of indications from the German government that it may be planning to offer financial help to some countries, particularly Ireland. Voters were asked: “In the course of the current economic and financial crisis, individual countries such as Ireland and Greece …