Saving the Euro at all costs could lead to an eventual hollowing out of European democracy

Ruser, A. (2015). Saving the Euro at all costs could lead to an eventual hollowing out of European democracy.
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Since the global financial and Eurozone crises hit Western economies, 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 – born of a desire to save the Euro “at all costs” could see democracy eventually hollowed out, as the will of the people increasingly begins to come secondary to the whims of markets and currency.

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