Union pirates and the democratic deficit

Cartoon by Kipper Williams

The Cyprus drama has come to an end, for now. A twelfth hour deal was hammered out at one of those many twelfth hour meetings we have become so accustomed to since 2008. The deal was greeted with relief as another crisis and potential euro-exit was averted. But as critics point out, a small Rubicon has been crossed and a taboo broken.

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