Europe's democracy deficit contributing to crisis

The eurozone is grappling with a fiscal crisis, but David Rowe argues its ability to cope is being hampered by a democracy deficit

"A spectre is haunting Europe – the spectre of communism” (Karl Marx, The Communist Manifesto).

Once again a spectre is haunting Europe. Not communism this time – which stands badly discredited by the millions of lives it has blighted or destroyed – but a democracy deficit that is hampering the continent’s ability to address economic and fiscal imbalances that have been accumulating in the