Rising Challenges to Democratic Legitimacy in the Euro Area (The German Marshall Fund of the United States)

03.05.2013 18:55

https://blog.gmfus.org/2013/05/02/rising-challenges-to-democratic-legitimacy-in-the-euro-area/

While the crisis in the sovereign bond markets has calmed down in the wake of the European Central Bank’s decision to step in with potentially unlimited bond purchases, the political challenges in the euro area are growing. Democratic legitimacy across the euro zone is under threat in at least three respects.