Faith the euro dipped during the spring as the fledgling currency lost 8&percent; of its external value…

Date: 08/07/1999

...according to the latest Eurobarometer poll. The survey, conducted in March and April, found 61&percent; of the EU's population in favour of the euro and 28&percent; against compared with 64&percent;-25&percent; in a similar poll conducted last autumn. Opposition to the currency hardened significantly in the UK but weakened in Denmark. Meanwhile, weaker-than-expected business and consumer confidence data published by the European Commission this week has dampened hopes of a strong economic recovery in the euro area in the second half of the year.