The democratic way (out)

Yesterday, some rumors on a possible referendum on the Euro in Greece were heard – and strongly denied.

Would it be a good idea ?

  • In one way, it could. After all, many critics of the EU and the eurozone governance is the lack of democracy and the supposedly blind decisions taken by distant technocrats. What would be more democratic than a referendum to let people express themselves on the topic.
  • However, a referendum has many drawbacks. First, it is a yes/no question, there is no room for subtlety. Moreover, in a time of crisis, people will not necessary make the best choice, because their vote might be emotional and  shortsighted.
Once the crisis is over, referenda will be much welcome, and in general true implication of citizens in the european politics will be good. But now is not the right time…

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