Bloomberg News

Merkel’s Popularity Rebounds in Euro Debt Crisis, Capital Says

December 13, 2011

Dec. 13 (Bloomberg) -- German Chancellor Angela Merkel’s popularity among business and political leaders rebounded after a slump in summer, with 70 percent of respondents saying she’s a “strong” leader, Capital magazine said, citing a survey it commissioned from polling company Allensbach.

That’s twice the support Merkel had in summer, when she lost credibility after deciding to abandon nuclear power, Capital said. Sixty-nine percent of respondents said Merkel does well as a crisis manager in Europe, the magazine said.

Eleven percent of respondents expect the euro region to break apart and 78 percent back Merkel’s push for an economic and fiscal union even at the expense of leaving some European Union countries behind, Capital said.

Twenty-one percent said euro bonds are a “promising” solution to the region’s debt crisis and 63 percent said the European Central Bank’s reputation is permanently damaged after buying euro region debt, it said.

Allensbach polled 500 decision-makers at businesses, political parties and in administration, Capital said, without saying when the survey was held and what the margin of error was.

--Editors: Leon Mangasarian, Simone Meier.

Ni ECB NI POL NI CRUNCH NI POLL NI EUALL NI ECO NI GER NI GOV NI ELECT NI EUROPE

#<189588.4698031.2.1.95.14779.25># -0- Dec/13/2011 13:36 GMT

To contact the reporter on this story: Rainer Buergin in Berlin at rbuergin1@bloomberg.net

To contact the editor responsible for this story: James Hertling at jhertling@bloomberg.net


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