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Manukov, Sergey

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Expert Online - Russia | 20/07/2015

Greek crisis: Distrust a major problem for Eurozone government

François Hollande's idea about a Eurozone government may fail because of Europe's citizens, the business portal Expert Online suggests: "There is now a consensus among the European elite about the need to deepen European integration. Their only disagreements involve the speed at which this process should take place. But in order to realise these plans, European leaders are dependent on the support of their populations. And it is here that they may run up against problems. In many countries the developments in Greece have only increased Euroscepticism, meaning that considerable effort would be required to convince the citizens to hand over more responsibility to Brussels."

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