The reputation of the euro and the European Central Bank: interlinked or disconnected?

The Eurozone crisis had a clear impact on trust in the euro and the European Central Bank (ECB). However, drawing on a new study, Stephanie Bergbauer, Nils Hernborg, Jean-François Jamet and Eric Persson explain that there are significant differences in the way citizens place trust in the euro and the ECB. They find that while support for the euro is primarily value based, trust in the ECB depends predominantly on citizens’ satisfaction with the EU’s overall performance and citizens’ outlooks on the economy.