April 22, 2022
Consumers’ perceptions of the economy can cause big shake-ups in European politics. After the sovereign debt crisis (2012-2015), and the subsequent migrant crisis, many Europeans became more susceptible to eurosceptic, populist messages. The effects of the war in Ukraine are being felt acutely in the European Union. The energy sector is in a tailspin, driving fuel prices through the roof. Many analysts say that Europe is experiencing a cost of living crisis. Unsurprisingly, Europeans are gloomier about the state of the economy than at any time since the 2008 recession. We take a look at perceptions of the economy in the EU over the past 22 years.
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