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Greek debt referendum: Bad for economy, but good for democracy
Social & Political
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Greek debt referendum: Bad for economy, but good for democracy
Social & Political
Related
Greek debt referendum: Bad for economy, but good for democracyEuropean Union leaders are reportedly “irritated” and “annoyed" with Greek Prime Minister George Papandreou, who shocked his European colleagues and global markets by announcing a referendum on the latest EU bailout plan for his country.
But those not directly involved in bailout negotiations seem to agree on two things: The Greek call for a referendum is good for democracy although it is, at least in the short term, potentially bad for the economy.
Another Opinion
Greece’s born-again democracy has lessons for U.S.
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