Yes,the ECB's credibility as an inflation fighter has suffered

摘要

Eurobarometer, the European Commission's survey institute, conducts semi-annual opinion polls on the question "Do you tend to trust the European Central Bank?" For some reason, no results have been published for the last wave in November 2011, but the May results indicate that 40 percent of respondents trust the ECB whereas 38 percent do not. However, the percentage of those trusting the ECB has strongly declined from the overall peak of 53 percent in May 2007 as well as from the pre-bailout level of 44 percent in November 2009. According to the most recent data, distrust exceeds trust in Greece (by a margin of 48 percent), the United Kingdom (24 percent), Spain (14 percent), Latvia (8 percent), France (5 percent), Ireland (4 percent), and Portugal (1 percent).