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Greece has no constitutional ‘Golden Rule’ or debt ‘break’/’cealing’. Hence, implementation of this provision is democratically and legally questionable.
Overall, a contradiction between the founding democratic principles of the EU and its new operational structure during the crisis has left the quality of the EU’s democratic order adversely affected. In the spirit of Aristotle’s criterion, then, the EU’s political system of governance does not any longer seem to adhere to the organisation’s principles.
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