Well the deal is in and to say no-one is happy would be an understatement. We take a look at the deal agreed by the eurozone last night ahead of debates in the Greek and German parliaments - both of which are highly uncertain. But even on its own terms, the deal is an astonishing intervention in the free running of an independent state.
To all intents and purposes, the deal would wipe out Greek economic sovereignty. Berlin and Brussels are the new capitals of Greece. Can we call this democracy? Does it drive Greece towards the arms of extremists? Will perhaps even those most committed to the EU finally become wary of the eurozone? The deal arrived at over 17 painful hours overnight could prove a decisive moment in the history of Europe.
Elsewhere, we look at the trouble Harriet Harman has gotten herself into with her decision to oppose almost nothing in George Osborne's Budget. The leadership contenders have mostly resisted supporting her, but it shows how broken Labour's spirit is in the wake of its election defeat. Finally, we look at the funding gap for the psychoactive substances bill, which suggests it is not going to accomplish any of the things its authors claim it is intended to do. What a surprise.
| |
No comments:
Post a Comment