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Nathan Hager (0:00)
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Bloomberg Host (0:18)
Bloomberg Audio Studios Podcasts Radio news so new polling from YouGov from across nine EU countries is giving us a fresh insight into the biggest political issues facing the continent and how voters think their governments and the European Union is handling them. The company surveyed more than a thousand people in countries including France, Germany, Spain, Italy and Poland. And Gemma Connor, Associate Director, YouGov, joins me now in studio for more to discuss. Gemma, good morning. Let's start with some of the big issues in this survey as well. We know that inflation has come down massively in the euro area since 2022, but economic and cost of living issues still very prominent across your survey. How does that play out among the various countries where you survey?
Gemma Connor (1:04)
Absolutely. So if we look at the data from these nine European countries, we can see that there's generally a pretty gloomy outlook from their national economies. People generally think that their government is doing a bad job of managing the economy and actually the EU are doing a bad job of managing the European economy as well. If we look particularly at the cost of living, people are struggling. We asked one particular question when we asked about people's personal experiences of the cost of living and people are generally finding that they're having to make cuts or they expect to make cuts in the future. This is particularly felt quite strongly In Romania where 58% of people, people say they've already made cuts to their, their typical spending at home and expect to make further cuts in the future. So people are really struggling at the moment and actually expect to continue to struggle into the future.
Bloomberg Host (1:46)
Yeah, because the perceptions of the future are very interesting here as well. How worried are people about their future economically and sort of the risks of a downturn of the economy?
Gemma Connor (1:55)
Absolutely. So we ask a question where we say, what do you think the economy will look like in 12 months time? And people are really negative here. So across most of the countries, people think that the economy will be in recess. The only outlier here is Denmark, where 42% think that the economy will be stable, but that is stable rather than growing. There's no country where people actually have a positive outlook in that next year or so.
Bloomberg Host (2:20)