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Ipsos European Pulse: Crisis in Greece

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An Ipsos survey of citizens of nine European Union countries finds most people hold the Greek government responsible for the ongoing debt crisis. Some 88% say the Greek government is a great deal, or a fair amount, to blame for the crisis –rising to 94% among German respondents. The German government was mentioned by 46%, attracting less blame than the Greek populace, the IMF and the European Commission overall.

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Ipsos European Pulse: Crisis in Greece

  1. 1 © 2015 Ipsos. Ipsos European Pulse August 2015 The Crisis in Greece
  2. 2 © 2015 Ipsos. GREEK CRISIS: WHO’S TO BLAME? In all countries the Greek government is seen as most to blame for the Greek crisis, although views differ on the blame that other key actors share. For example, two thirds of people in Spain and Italy blame the German government, and three-quarters in France blame the EC
  3. 3 © 2015 Ipsos. IPSOS EUROPEAN PULSE: AUGUST 2015 Who’s to blame for the crisis in Greece? HOW MUCH, IF AT ALL, DO YOU THINK EACH OF THE FOLLOWING IS TO BLAME FOR THE CURRENT CRISIS IN GREECE? BASE: 7,096 RESPONDENTS FROM NINE COUNTRIES (BELGIUM: 505, FRANCE, 1,016, GERMANY, 1,015, GREAT BRITAIN: 1,019, HUNGARY: 500, ITALY: 1,015, POLAND: 505, SPAIN: 1,016, SWEDEN: 505), JULY 24TH - AUGUST 7TH, 2015. 88% 57%58% 39%56% 46% The Greek government The Greek people The European Commission The International Monetary Fund Other European governments (such as France and Italy) The German Government % saying ‘a great deal’ or ‘a fair amount’
  4. 4 © 2015 Ipsos. Who’s to blame for the crisis in Greece? By country IPSOS EUROPEAN PULSE: AUGUST 2015 HOW MUCH, IF AT ALL, DO YOU THINK EACH OF THE FOLLOWING IS TO BLAME FOR THE CURRENT CRISIS IN GREECE? BASE: 7,096 RESPONDENTS FROM NINE COUNTRIES (BELGIUM: 505, FRANCE, 1,016, GERMANY, 1,015, GREAT BRITAIN: 1,019, HUNGARY: 500, ITALY: 1,015, POLAND: 505, SPAIN: 1,016, SWEDEN: 505), JULY 24TH - AUGUST 7TH, 2015. % A great deal/ a fair amount Average Belgium France Germany Great Britain Hungary Italy Poland Spain Sweden The Greek government 88% 90% 86% 94% 89% 89% 79% 87% 86% 90% The International Monetary Fund 58% 58% 71% 51% 52% 59% 67% 64% 67% 32% The European Commission 57% 58% 74% 51% 56% 49% 69% 58% 66% 34% The Greek people 56% 49% 55% 63% 49% 59% 43% 85% 40% 61% The German government 46% 46% 56% 32% 42% 33% 67% 51% 66% 19% Other European governments (such as France and Italy) 39% 40% 55% 33% 38% 30% 36% 52% 48% 20%
  5. 5 © 2015 Ipsos. GREEK CRISIS: DEBT RELIEF Across all nine countries, six in ten citizens agree that the austerity measures being imposed on Greece are making the Greek economy worse (including the majority of Germans). EU publics are split on the issue of Greek debt relief, with roughly half in support and half opposed to creditor countries writing off some of Greece’s debts. There is widespread concern in all countries that if the Greeks do not pay back their debts it would encourage others countries to borrow beyond their means.
  6. 6 © 2015 Ipsos. IPSOS EUROPEAN PULSE: AUGUST 2015 Is austerity making the situation in Greece worse? PLEASE INDICATE IF YOU AGREE OR DISAGREE WITH THE FOLLOWING STATEMENTS: THE AUSTERITY MEASURES BEING IMPOSED ON GREECE ARE JUST MAKING THEIR ECONOMY WORSE BASE: 7,096 RESPONDENTS FROM NINE COUNTRIES (BELGIUM: 505, FRANCE, 1,016, GERMANY, 1,015, GREAT BRITAIN: 1,019, HUNGARY: 500, ITALY: 1,015, POLAND: 505, SPAIN: 1,016, SWEDEN: 505), JULY 24TH - AUGUST 7TH, 2015. 22% 39% 31% 8% AGREE VERY MUCH AGREE SOMEWHAT DISAGREE SOMEWHAT DISAGREE VERY MUCH August 2015 61% 39%
  7. 7 © 2015 Ipsos. IPSOS EUROPEAN PULSE: AUGUST 2015 Is austerity making the situation in Greece worse? By country PLEASE INDICATE IF YOU AGREE OR DISAGREE WITH THE FOLLOWING STATEMENTS: THE AUSTERITY MEASURES BEING IMPOSED ON GREECE ARE JUST MAKING THEIR ECONOMY WORSE BASE: 7,096 RESPONDENTS FROM NINE COUNTRIES (BELGIUM: 505, FRANCE, 1,016, GERMANY, 1,015, GREAT BRITAIN: 1,019, HUNGARY: 500, ITALY: 1,015, POLAND: 505, SPAIN: 1,016, SWEDEN: 505), JULY 24TH - AUGUST 7TH, 2015. AGREE VERY MUCH AGREE SOMEWHAT DISAGREE SOMEWHAT DISAGREE VERY MUCH 10 9 22 21 25 25 23 33 29 28 37 36 39 40 40 48 38 47 48 41 33 31 29 29 25 23 20 14 13 10 9 6 6 4 6 5 Sweden Poland Germany Hungary Belgium France Great Britain Spain Italy
  8. 8 © 2015 Ipsos. IPSOS EUROPEAN PULSE: AUGUST 2015 Should some of Greece’s debts be written off? PLEASE INDICATE IF YOU AGREE OR DISAGREE WITH THE FOLLOWING STATEMENTS: THE COUNTRIES THAT HAVE LENT MONEY TO GREECE SHOULD WRITE OFF SOME OF ITS DEBTS BASE: 7,096 RESPONDENTS FROM NINE COUNTRIES (BELGIUM: 505, FRANCE, 1,016, GERMANY, 1,015, GREAT BRITAIN: 1,019, HUNGARY: 500, ITALY: 1,015, POLAND: 505, SPAIN: 1,016, SWEDEN: 505), JULY 24TH - AUGUST 7TH, 2015. 12% 34% 34% 20% AGREE VERY MUCH AGREE SOMEWHAT DISAGREE SOMEWHAT DISAGREE VERY MUCH August 2015 46% 54%
  9. 9 © 2015 Ipsos. IPSOS EUROPEAN PULSE: AUGUST 2015 Should some of Greece’s debts be written off? By country PLEASE INDICATE IF YOU AGREE OR DISAGREE WITH THE FOLLOWING STATEMENTS: THE COUNTRIES THAT HAVE LENT MONEY TO GREECE SHOULD WRITE OFF SOME OF ITS DEBTS BASE: 7,096 RESPONDENTS FROM NINE COUNTRIES (BELGIUM: 505, FRANCE, 1,016, GERMANY, 1,015, GREAT BRITAIN: 1,019, HUNGARY: 500, ITALY: 1,015, POLAND: 505, SPAIN: 1,016, SWEDEN: 505), JULY 24TH - AUGUST 7TH, 2015. AGREE VERY MUCH AGREE SOMEWHAT DISAGREE SOMEWHAT DISAGREE VERY MUCH 8 10 9 10 10 16 13 15 15 24 23 25 30 31 35 41 43 53 35 35 47 35 37 33 34 29 23 32 32 19 25 22 17 12 13 10 Germany France Sweden Hungary Belgium Spain Great Britain Italy Poland
  10. 10 © 2015 Ipsos. IPSOS EUROPEAN PULSE: AUGUST 2015 Should the Greeks pay back all that they owe, so that others aren’t encouraged to default? PLEASE INDICATE IF YOU AGREE OR DISAGREE WITH THE FOLLOWING STATEMENTS: THE GREEKS SHOULD PAY BACK ALL THEIR DEBTS OTHERWISE IT WILL JUST ENCOURAGE OTHER COUNTRIES TO THINK THEY CAN BORROW WITHOUT PAYING BACK WHAT THEY OWE BASE: 7,096 RESPONDENTS FROM NINE COUNTRIES (BELGIUM: 505, FRANCE, 1,016, GERMANY, 1,015, GREAT BRITAIN: 1,019, HUNGARY: 500, ITALY: 1,015, POLAND: 505, SPAIN: 1,016, SWEDEN: 505), JULY 24TH - AUGUST 7TH, 2015. 33% 40% 21% 6% AGREE VERY MUCH AGREE SOMEWHAT DISAGREE SOMEWHAT DISAGREE VERY MUCH August 2015 73% 27%
  11. 11 © 2015 Ipsos. IPSOS EUROPEAN PULSE: AUGUST 2015 Should the Greeks pay back all that they owe, so that others aren’t encouraged to default? By country PLEASE INDICATE IF YOU AGREE OR DISAGREE WITH THE FOLLOWING STATEMENTS: THE GREEKS SHOULD PAY BACK ALL THEIR DEBTS OTHERWISE IT WILL JUST ENCOURAGE OTHER COUNTRIES TO THINK THEY CAN BORROW WITHOUT PAYING BACK WHAT THEY OWE BASE: 7,096 RESPONDENTS FROM NINE COUNTRIES (BELGIUM: 505, FRANCE, 1,016, GERMANY, 1,015, GREAT BRITAIN: 1,019, HUNGARY: 500, ITALY: 1,015, POLAND: 505, SPAIN: 1,016, SWEDEN: 505), JULY 24TH - AUGUST 7TH, 2015. AGREE VERY MUCH AGREE SOMEWHAT DISAGREE SOMEWHAT DISAGREE VERY MUCH 24 25 29 34 26 33 46 36 43 40 42 41 37 45 39 31 40 43 28 28 23 21 25 21 18 19 11 8 5 7 8 5 7 5 5 3 Italy Great Britain Spain France Sweden Belgium Germany Hungary Poland
  12. 12 © 2015 Ipsos. GREEK CRISIS: THE IMPLICATIONS FOR OTHERS Three quarters of the public expect that other Eurozone countries will face a similar crisis to Greece in the future. This belief is strong in France and Italy. Six in ten citizens of the EU states surveyed agree that Greece should never have joined the Euro, with this view being more common in Great Britain and Germany. Public opinion in most countries surveyed is evenly split on whether the Eurozone is strong enough to overcome the Greek crisis without serious damage. The public also have no clear view on whether the Greek crisis has shown that Europe’s leaders can be trusted to work together – half agree and half disagree.
  13. 13 © 2015 Ipsos. IPSOS EUROPEAN PULSE: AUGUST 2015 Is another ‘Greece’ going to happen to other Eurozone member state(s)? PLEASE INDICATE IF YOU AGREE OR DISAGREE WITH THE FOLLOWING STATEMENTS: OTHER COUNTRIES IN THE EUROZONE WILL FACE A SIMILAR CRISIS TO GREECE IN THE FUTURE BASE: 7,096 RESPONDENTS FROM NINE COUNTRIES (BELGIUM: 505, FRANCE, 1,016, GERMANY, 1,015, GREAT BRITAIN: 1,019, HUNGARY: 500, ITALY: 1,015, POLAND: 505, SPAIN: 1,016, SWEDEN: 505), JULY 24TH - AUGUST 7TH, 2015. 21% 51% 25% 4% AGREE VERY MUCH AGREE SOMEWHAT DISAGREE SOMEWHAT DISAGREE VERY MUCH August 2015 72% 28%
  14. 14 © 2015 Ipsos. IPSOS EUROPEAN PULSE: AUGUST 2015 Is another ‘Greece’ going to happen to other Eurozone member state(s)? By country PLEASE INDICATE IF YOU AGREE OR DISAGREE WITH THE FOLLOWING STATEMENTS: OTHER COUNTRIES IN THE EUROZONE WILL FACE A SIMILAR CRISIS TO GREECE IN THE FUTURE BASE: 7,096 RESPONDENTS FROM NINE COUNTRIES (BELGIUM: 505, FRANCE, 1,016, GERMANY, 1,015, GREAT BRITAIN: 1,019, HUNGARY: 500, ITALY: 1,015, POLAND: 505, SPAIN: 1,016, SWEDEN: 505), JULY 24TH - AUGUST 7TH, 2015. AGREE VERY MUCH AGREE SOMEWHAT DISAGREE SOMEWHAT DISAGREE VERY MUCH 11 13 15 24 24 25 18 31 30 40 46 51 52 53 52 62 49 51 39 36 32 22 20 21 18 17 16 10 4 4 2 2 3 2 3 3 Hungary Poland Sweden Germany Belgium Spain Great Britain Italy France
  15. 15 © 2015 Ipsos. IPSOS EUROPEAN PULSE: AUGUST 2015 Should Greece have never joined the Euro? PLEASE INDICATE IF YOU AGREE OR DISAGREE WITH THE FOLLOWING STATEMENTS: GREECE SHOULD NEVER HAVE JOINED THE EURO BASE: 7,096 RESPONDENTS FROM NINE COUNTRIES (BELGIUM: 505, FRANCE, 1,016, GERMANY, 1,015, GREAT BRITAIN: 1,019, HUNGARY: 500, ITALY: 1,015, POLAND: 505, SPAIN: 1,016, SWEDEN: 505), JULY 24TH - AUGUST 7TH, 2015. 26% 34% 32% 9% AGREE VERY MUCH AGREE SOMEWHAT DISAGREE SOMEWHAT DISAGREE VERY MUCH August 2015 59% 41%
  16. 16 © 2015 Ipsos. IPSOS EUROPEAN PULSE: AUGUST 2015 Should Greece have never joined the Euro? By country PLEASE INDICATE IF YOU AGREE OR DISAGREE WITH THE FOLLOWING STATEMENTS: GREECE SHOULD NEVER HAVE JOINED THE EURO BASE: 7,096 RESPONDENTS FROM NINE COUNTRIES (BELGIUM: 505, FRANCE, 1,016, GERMANY, 1,015, GREAT BRITAIN: 1,019, HUNGARY: 500, ITALY: 1,015, POLAND: 505, SPAIN: 1,016, SWEDEN: 505), JULY 24TH - AUGUST 7TH, 2015. AGREE VERY MUCH AGREE SOMEWHAT DISAGREE SOMEWHAT DISAGREE VERY MUCH 19 17 26 29 23 28 19 38 31 29 34 32 30 36 33 44 27 38 38 37 32 30 29 32 32 26 28 14 12 9 12 11 7 4 9 3 Hungary Spain Belgium France Italy Sweden Poland Germany Great Britain
  17. 17 © 2015 Ipsos. IPSOS EUROPEAN PULSE: AUGUST 2015 Has the Greek crisis increased trust in European leaders’ ability to work together? PLEASE INDICATE IF YOU AGREE OR DISAGREE WITH THE FOLLOWING STATEMENTS: THE CRISIS IN GREECE SHOWS THAT EUROPE’S LEADERS CAN BE TRUSTED TO WORK TOGETHER BASE: 7,096 RESPONDENTS FROM NINE COUNTRIES (BELGIUM: 505, FRANCE, 1,016, GERMANY, 1,015, GREAT BRITAIN: 1,019, HUNGARY: 500, ITALY: 1,015, POLAND: 505, SPAIN: 1,016, SWEDEN: 505), JULY 24TH - AUGUST 7TH, 2015. 7% 40% 37% 16% AGREE VERY MUCH AGREE SOMEWHAT DISAGREE SOMEWHAT DISAGREE VERY MUCH August 2015 47% 53%
  18. 18 © 2015 Ipsos. IPSOS EUROPEAN PULSE: AUGUST 2015 Has the Greek crisis increased trust in European leaders’ ability to work together? By country PLEASE INDICATE IF YOU AGREE OR DISAGREE WITH THE FOLLOWING STATEMENTS: THE CRISIS IN GREECE SHOWS THAT EUROPE’S LEADERS CAN BE TRUSTED TO WORK TOGETHER BASE: 7,096 RESPONDENTS FROM NINE COUNTRIES (BELGIUM: 505, FRANCE, 1,016, GERMANY, 1,015, GREAT BRITAIN: 1,019, HUNGARY: 500, ITALY: 1,015, POLAND: 505, SPAIN: 1,016, SWEDEN: 505), JULY 24TH - AUGUST 7TH, 2015. AGREE VERY MUCH AGREE SOMEWHAT DISAGREE SOMEWHAT DISAGREE VERY MUCH 5 5 9 3 7 9 6 11 9 31 35 31 40 37 38 44 43 62 39 45 43 41 38 36 34 30 24 25 15 17 15 19 17 15 16 5 France Great Britain Hungary Sweden Belgium Italy Germany Spain Poland
  19. 19 © 2015 Ipsos. IPSOS EUROPEAN PULSE: AUGUST 2015 Is the Eurozone strong enough to get through the Greek crisis without serious damage? PLEASE INDICATE IF YOU AGREE OR DISAGREE WITH THE FOLLOWING STATEMENTS: THE EUROZONE IS STRONG ENOUGH TO GET THROUGH THE GREEK CRISIS WITHOUT SERIOUS DAMAGE BASE: 7,096 RESPONDENTS FROM NINE COUNTRIES (BELGIUM: 505, FRANCE, 1,016, GERMANY, 1,015, GREAT BRITAIN: 1,019, HUNGARY: 500, ITALY: 1,015, POLAND: 505, SPAIN: 1,016, SWEDEN: 505), JULY 24TH - AUGUST 7TH, 2015. 8% 43% 38% 12% AGREE VERY MUCH AGREE SOMEWHAT DISAGREE SOMEWHAT DISAGREE VERY MUCH August 2015 51%49%
  20. 20 © 2015 Ipsos. IPSOS EUROPEAN PULSE: AUGUST 2015 Is the Eurozone strong enough to get through the Greek crisis without serious damage? By country PLEASE INDICATE IF YOU AGREE OR DISAGREE WITH THE FOLLOWING STATEMENTS: THE EUROZONE IS STRONG ENOUGH TO GET THROUGH THE GREEK CRISIS WITHOUT SERIOUS DAMAGE BASE: 7,096 RESPONDENTS FROM NINE COUNTRIES (BELGIUM: 505, FRANCE, 1,016, GERMANY, 1,015, GREAT BRITAIN: 1,019, HUNGARY: 500, ITALY: 1,015, POLAND: 505, SPAIN: 1,016, SWEDEN: 505), JULY 24TH - AUGUST 7TH, 2015. AGREE VERY MUCH AGREE SOMEWHAT DISAGREE SOMEWHAT DISAGREE VERY MUCH 5 6 9 6 5 10 8 10 13 28 38 38 44 46 42 46 52 49 43 44 37 39 42 37 35 32 30 24 12 16 11 7 10 11 6 8 France Belgium Germany Sweden Great Britain Italy Hungary Poland Spain
  21. 21 © 2015 Ipsos. Technical note IPSOS EUROPEAN PULSE: AUGUST 2015 THESE ARE FINDINGS OF RESEARCH CONDUCTED BY THE GLOBAL RESEARCH COMPANY IPSOS. RESPONDENTS AGED 16-64 WERE INTERVIEWED VIA THE IPSOS GLOBAL @DVISOR ONLINE PANEL IN BELGIUM, FRANCE, GREAT BRITAIN, GERMANY, HUNGARY, ITALY, POLAND, SPAIN AND SWEDEN BETWEEN JULY 24 - AUGUST 7, 2015. APPROXIMATELY 1000+ INDIVIDUALS PARTICIPATED ON A COUNTRY BY COUNTRY BASIS WITH THE EXCEPTION OF BELGIUM, HUNGARY, POLAND AND SWEDEN WHERE EACH HAVE A SAMPLE APPROXIMATELY 500+.
  22. 22 © 2015 Ipsos. Contacts Bobby Duffy Managing Director, Ipsos Social Research Instititue Bobby.duffy@ipsos.com Michael Clemence Senior Research Executive, Ipsos Social Research Institute Michael.clemence@ipsos.com +44 20 3473 3484 Mike Wheeler Senior Research Executive, Ipsos Social Research Institute Michael.wheeler@ipsos.com +44 20 3473 3125
  23. 23 © 2015 Ipsos. ABOUT IPSOS Ipsos ranks third in the global research industry. With a strong presence in 87 countries, Ipsos employs more than 16,000 people and has the ability to conduct research programs in more than 100 countries. Founded in France in 1975, Ipsos is controlled and managed by research professionals. They have built a solid Group around a multi-specialist positioning – Media and advertising research; Marketing research; Client and employee relationship management; Opinion & social research; Mobile, Online, Offline data collection and delivery. Ipsos is listed on Eurolist - NYSE-Euronext. The company is part of the SBF 120 and the Mid-60 index and is eligible for the Deferred Settlement Service (SRD). ISIN code FR0000073298, Reuters ISOS.PA, Bloomberg IPS:FP www.ipsos.com GAME CHANGERS At Ipsos we are passionately curious about people, markets, brands and society. We deliver information and analysis that makes our complex world easier and faster to navigate and inspires our clients to make smarter decisions. We believe that our work is important. Security, simplicity, speed and substance applies to everything we do. Through specialisation, we offer our clients a unique depth of knowledge and expertise. Learning from different experiences gives us perspective and inspires us to boldly call things into question, to be creative. By nurturing a culture of collaboration and curiosity, we attract the highest calibre of people who have the ability and desire to influence and shape the future. “GAME CHANGERS” - our tagline - summarises our ambition.

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