Electoral steam builds as Europe's pressure cooker overheats
With the elections in France and Greece scheduled for the weekend, all eyes return to the eurozone. Will policy-makers and technocrats survive yet another round of elections, or will the people reject the medicine of Brussels and go their own way? We ask economist Constantin Gurdgiev for his take. Next, we have often discussed the resurgence of nationalist, right-wing politics in some of Europe’s most-afflicted countries. Europe resembles at times a pressure cooker without a regulator to let some of the steam of popular discontent escape when things get rough. It seems that Europe’s elite are determined to save the euro project at all costs, even if this means abandoning the very principles of western liberal democracy in the process.