Germans want to ditch the Euro

As a direct result of Germany being forced to bail out Greece, the German people now want out of the Euro. Before the Greek crisis two thirds of the German people supported the European currency. Now only thirty percent support the Euro and fifty-one percent want to abandon the Euro. If this attitude continues in the long term, this could represent a huge shift in Germany’s relationship with the European project.

It may not be easy to leave the Euro and return to the Deutschmark, but I suspect that it will not be impossible. The real question is if the political elite, who are married to the idea of European integration, will be willing or able to respond to this new demand. Will political parties be able to change their message and grab hold of this new anti-Euro sentiment?