As being reported today:

“Handelsblatt is reporting that eurozone finance ministers are refusing to sign off the deal until elections have taken place next month, at which point the communist president, Demetris Christofias, will have departed.”

The deal is the bailout for Cyprus. The Eurozone finance ministers have also stated misgivings over this particular bailout because Cypriot banks have, apparently, a large amount of Russian funds, and we don’t want to bail out bad Russian mafia types.

No, only bad European mafia types qualify I suppose.

So, the Eurozone concept of democracy is becoming clearer and clearer. First it is a question of intervening in the elections and referenda held by another country. Ireland, Greece, now Italy. Through threats and bullying the electorates are cowed into voting for what the Brussels/Berlin axis wants. As became particularly obvious in the Greek elections.

Though Samaras’ party only got 18% of the vote the first time around, which was the genuine feeling of the electorate, after out right meddling and threats of disaster, this went up to around 30% in the second elections. The vote of the oldies terrified that they would lose their pensions.

The irony is that they did lose their pensions anyway.

Now the Eurozone has progressed. No deal guys at all till your elections. And you can’t vote that Commie in again whatever you do! In other words, vote for the guy we want for us to consider bailing you out. And then again, we have those awful ruskies to consider.

I suppose in Euro newspeak this would be termed a necessary reform of democracy.