European integration at the crossroads: democratic deepening for stability, solidarity and social justice.
2012
The euro area crisis threatens the future of European integration, but instead of challenging the
power of the financial institutions which are driving the crisis, the European authorities have imposed
austerity programmes on Greece and other peripheral euro area countries, and developed
centralised policies for imposing highly restrictive fiscal discipline on all member states which risk
undermining the democratic legitimacy of the European Union (EU).
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