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Germans Oppose Greece Bailout Deal, Prefer Grexit: Poll

  • Anti-austerity protesters burn a euro note during a demonstration outside the European Union (EU) offices in Athens, Greece June 28, 2015.

    Anti-austerity protesters burn a euro note during a demonstration outside the European Union (EU) offices in Athens, Greece June 28, 2015. | Photo: Reuters

Published 19 July 2015
Opinion

A recent poll found that more than half of Germans thought the Greece bailout package was bad, and almost half supported a Greek exit from the euro zone.

A recent poll said that more than half of Germans were against the recent euro zone bailout package for Greece, a day after the German parliament approved a deal over the third debt relief package.

Saturday's poll by YouGov said 53 percent of Germans saw the deal as bad. Only two percent said the deal was positive, while 27 percent said said it was “somehow positive”.

The survey of 1,380 Germans also revealed that 48 percent said that they would have wanted to see a Greek exit from the euro zone instead of the country being offered debt relief.

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Earlier this week, the euro zone countries and Greece agreed on a deal that would see Greece introducing further austerity measures in return for a debt relief of US$93 billion (85 million euros) over the next three years.

The poll comes as Greek Prime Minister Alexis Tsipras issued a decree to reopen the banks Monday, three week after they were closed down to protect the bank system from a collapse due to lack of funds.

However, former Greek Finance Minister Yanis Varoufakis said Saturday that the new proposed austerity measures would “go down in history as the greatest disaster of macroeconomic management ever."

Meanwhile, a secret report by the International Monetary Fund, which was leaked Wednesday, said the debt relief plan considered by the eurozone countries would not be sustainable enough for Athens to pay off its debt.

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