Tag Archives: Bailout

Democracy – Under Threat in Europe – Must be Struggled and Fought For

A threat to democracy frequently follows major shocks in international relations. The period between the two World Wars saw Germany, the USSR, Spain and Italy sacrifice democracy at the altar of populist dictators. Unfortunately some of the slouching beasts from history that led to that collapse of democracy have now awakened from their slumber in Europe.

Greece, long  associated with the very concept  of democracy, is but an extreme example of this  growing threat. Many of the issues that threaten the future of democracy in Greece are present in a number of other countries in Europe, including in Ireland, though obviously with different emphasis and to a different degree. The future of democracy in Europe is being ever more closely  linked – through a ghastly financial domino theory  which says that if Greece falls, Spain, Italy, Ireland and  Portugal cannot be far behind.

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The October 27 “Comprehensive Package” Was Always Going to Fail

The eurozone’s third comprehensive package in 2011 will make matters worse, and continues the 17 little Indians saga. Continue reading

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