The Threat to Greek Democracy
E. Wayne MerryE. Wayne Merry, National Interest July 23, 2012
Everyone knows Europe faces the potential for Greek financial collapse, with serious ramifications for the euro zone and its financial institutions. Less discussed is the Greek impact on another key European institution, the less restrictive border regime instituted under the Schengen Treaty, and the danger of failure of constitutional democracy in an EU member state. ATHENS. (National Interest). Perhaps the smartest thing modern Greece ever did was join the European Community (now the European Union) in 1981. The Greeks’ dumbest move was to join the euro twenty years later. The EU gave their Third World economy a First World lifestyle. This miracle was achieved through massive financial transfers from richer EU members into the modest scale of the Greek economy and by pervasive Greek violations of EU
- Already a subscriber?
Sign in to read full article.
- Not a subscriber?
Subscribe now and get full access!