Democracy loses in struggle to save euro

Commentary feature in which the author writes 'The European Central Bank has fired its magic bullet. By promising 'unlimited' purchases of sovereign bonds, Mario Draghi, the ECB’s president, may have kept his pledge to do 'whatever it takes' to save the euro. But in rescuing the currency, Mr Draghi’s magic bullet has badly wounded something even more important – democracy in Europe.

ESO: Background information: ECB's Mario Draghi unveils bond-buying euro debt plan http://www.europeansources.info/record/ecbs-mario-draghi-unveils-bond-buying-euro-debt-plan/

ESO: Background information: Find other Commentary Features in ESO on Challenges facing EMU http://www.europeansources.info/advSearchLink?keyword=commentary%20feature%20emu%20challenges%20&searchOption=all

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