Democratic thinking

Articles on democracy in the independent online media

May 15, 2012

European Democracy hanging by a thread

It is naive to think that the current situation in Greece is not part of a bigger picture of socio-economic difficulties in the so-called old continent. Spain, France, Italy and Portugal are facing increased pressures to carry the burden of tough austerity measures.

But surrendering your country's finances to the IMF and German-led European Union is proving tough in Greece, which many fear can contaminate other parts of the continent with the same philosophy.

One thing has changed for sure, from a group of equals, Germany has surfaced as the dominant (lost for a better word) player is attempting again to lead Europe out of the crisis by deepening it. Something scarily familiar about this scenario, don't you think?

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