Deutsche Mark set for comeback?

Since its introduction in 1999,the Euro has had a tough time trying to win over a sceptical German public,who saw the mark 8212; one of the world8217;s most stable currencies as a symbol of post World War II prosperity,second only to the US dollar as the reserve option for investors.

In fact,according to a survey,almost three-quarters of Germans now doubt that the Euro has a future. They also believe rescue attempts are futile as billions more Euros will be paid to bail out Greece which is almost bankrupt.

The poll by German newspaper,the 8216;Frankfurter Allgemeine8217;,found 71 per cent had 8220;doubt8221;,8221;no trust8221; or thought there is 8220;no future8221; for the Euro. Only 19 per cent expressed 8220;confidence8221; in it. Sixty eight per cent said they did not think the emergency bail out of Greece would work.

A separate poll last week showed more than half of Germans thought that Greece should be thrown out of the euro.