Mon Jun 25, 2012 2:13PM
The majority of respondents to an opinion poll conducted by Press TV believe that the eurozone debt crisis will spur the world economy into further recession. The survey showed that 54 percent of the participants said more recession is predictable following the current financial crisis in the European Union member states. According to the poll, 39 percent said the debt crisis will lead to the demise of the euro. This is while only seven percent of respondents believe that the crisis would not affect the euro and the world economy. The poll participated by 4.500 people was conducted June 14-24. Eurozone member states including Spain and Italy have been struggling with deep economic troubles since the bloc's financial crisis began roughly five years ago. On June 28-29, a European Union summit will be held to discuss ways of tackling the debt crisis. The summit is aimed at hammering out a roadmap for tightening European integration and heading off a potential economic collapse. On Monday, European stocks tumbled and the euro slid against the dollar ahead of the meeting. AGB/JR/AZ