Saving the euro at all costs could lead to the hollowing out of European democracy

Since the financial crisis, a process of change has been underway which has seen a new model of technocratic financial and economic governance take hold across Europe. Alexander Ruser argues that these reforms, motivated by a desire to save the euro ‘at all costs’, could bring about the hollowing out of democracy, with the will of the people increasingly coming secondary to the demands of financial markets.