A median of 46% disapproved of the EU’s handling of its long economic crisis, while 66% disapproved of its management of the refugee crisis. Any talk of Frexit, Dexit (and so on) is now definitely off the cards. Although support for the euro area is now higher, it is highest in countries with high income levels.
These large and growing imbalances should have sounded warning alarms to the financial markets, but they did not do so for some time. Despite relatively low spreads on Greek sovereigns following the outbreak of the global financial crisis, as early as in 2008 the Bank of Greece began warning of the dangers inherent in the twin deficits.