The Lesson from Italy? Europe is “Nearly Ungovernable”

The populist success in Italy’s election Sunday was about more than Italian politics, writes Helen Thompson in The New York Times. It proved that the political center is as good as dead in Europe.
“Since the Maastricht Treaty was signed in 1992, establishing the European Union and laying the groundwork for the creation of the euro, policy on a range of issues from budgets to asylum have been taken beyond the control of democratically elected national governments,” Thompson says.
“At the same time, participation in the eurozone has required governments to forsake policy tools that their predecessors had used during times of economic crisis. Since 2010, eurozone membership can also demand acquiescence to the European Central Bank, which can essentially ask for and veto national economic legislation.”
“The result? Much of Europe has become nearly ungovernable. As voters across the Continent see their ability to influence policy taken away, they have lashed out, neutering the traditional center and giving rise to disruptive populists. Italy’s election, in other words, says much about everything that’s wrong with the European Union.”

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