Yanis Varoufakis' Intervention During the 27th June 2015 Eurogroup Meeting & Press Conference After
As it happened Yanis Varoufakis intervention during the 27th June 2015 Eurogroup Meeting
Posted on June 28, 2015 by yanisv
The Eurogroup Meeting of 27th June 2015 will not go down as a proud moment in Europes history. Ministers turned down the Greek governments request that the Greek people should be granted a single week during which to deliver a Yes or No answer to the institutions proposals proposals crucial for Greeces future in the Eurozone. The very idea that a government would consult its people on a problematic proposal put to it by the institutions was treated with incomprehension and often with disdain bordering on contempt. I was even asked: How do you expect common people to understand such complex issues?. Indeed, democracy did not have a good day in yesterdays Eurogroup meeting! But nor did European institutions. After our request was rejected, the Eurogroup President broke with the convention of unanimity (issuing a statement without my consent) and even took the dubious decision to convene a follow up meeting without the Greek minister, ostensibly to discuss the next steps.
Can democracy and a monetary union coexist? Or must one give way? This is the pivotal question that the Eurogroup has decided to answer by placing democracy in the too-hard basket. So far, one hopes.
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PRESS CONFERENCE PRESENTATION IMMEDIATELY AFTER THE 27th JUNE 2015 EUROGROUP MEETING