Current research, 241
10 December 2012
Politicians continue to lose approval: Only 12 percent of Europeans trust their politicians.
Life in ongoing times of crisis
The population continues to expect crises.
From the financial crisis to the economic crisis to the euro crisis, the population feels like it is living in a perpetual state of crisis. And more than two-thirds of Europeans (68%) expect further crises in the future. Especially in Greece and Spain, which are suffering particularly badly from the current economic situation, there is great concern about lurching from one crisis to the next. But three-quarters of the French and two-thirds of the Germans also view the future pessimistically. And even among the usually optimistic Dutch, almost half fear a continuation of these uncertain times. Reinhardt: "Europeans have now realized that it is not a question of whether there will be a new crisis, but only when and how severe it will be.".
Fear of an increasing divide between rich and poor
Three-quarters of German citizens express concern.
Although Europe is one of the richest regions on earth, around 17 percent – or over 100 million – of Europeans live below the poverty line. They lack sufficient funds to meet basic needs. Meanwhile, record profits and increased revenues are being reported by companies, along with bonuses for bankers and executives. Nearly three out of four Europeans fear that the resulting societal divide will worsen in the future. Across Europe, a majority in every country is now convinced of this trend. Besides crisis-stricken countries like Greece and Spain, it is primarily wealthy nations such as Denmark, France, Germany, and Switzerland that share this concern. These fears are certainly justified, according to a UN report.
- In Europe, ten percent of the total population owns 60 percent of the total wealth;
- The number of millionaires has increased by 19 percent in the past three years;
- Five percent of the European population own as much real estate as the remaining 95 percent;
- Average salaries in Europe have tripled since the end of the 1970s, while manager salaries have increased eightfold.
„The social divide is wide open throughout Europe. The middle class – as the backbone of every society – must be relieved and supported, otherwise social tensions and open conflicts are imminent,“ fears Prof. Reinhardt.


