The undemocratic face of the Euro

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Actions speak louder than words. We’ve seen how the elected governments of Greece, and now Cyprus, have had little to no say in their austerity and bailout packages. The Euro has superseded the democratic process in Greece, Italy and Cyprus. Today we have former Chancellor Helmut Kohl admitting that he could never have won a referendum on Euro entry in Germany, so he avoided one.

This revelation comes as part of a PhD thesis that reports an interview from 2002. Kohl says the Euro was an idea to prevent another war in Europe, as those with common currencies do not fight each other. How does he explain the rioting in Greece and Cyprus?

Amazingly, he says he avoided a referendum because he feared he’d lose. That explains the mind-set of all EU leaders – avoid letting the people decide because you won’t like the result you get.

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