Brexit versus Grexit: Hypocrisies in the European Project

By Dr. Binoy Kampmark

There is an undercurrent that links both the conservatives and some on the left who have been keen to see states such as Greece, and more lately Britain, flee the chains of EU financial administration.  “The alternative to remaining in a structurally unsafe building is, of course, walking out,” suggests Daniel Hannan in that long time organ of conservative commentary, The Spectator.[1]

The curious position for such opposition to the Eucrocrat position lies in the fact that Greece was pilloried when it could just as well have undergone a dramatic, albeit painful “de-linking” process.  This could have led to a range of debilitating yet emancipating consequences, though it is hard to see how the country, given its size and vulnerability, could have gone far without eventually falling into further catastrophe.  The tragic result has been capitulation and economic occupation, one that is hardly going to abate till the next round of measures comes up for debate.

More:
http://intpolicydigest.org/2016/03/17/brexit-versus-grexit-hypocrisies-in-the-european-project/