The Defeat of Europe (Varoufakis in Le Monde Diplomatique)

``Whatever one thinks of our government, this episode will go down in European history as the moment when official Europe, using institutions and methods that no Treaty legitimised (e.g. the Eurogroup, the Euro Summit, the threat of eviction from the Euro Area), dealt a major blow at the ideal of an ever-closer democratic union. Greece capitulated but it is Europe that was defeated.''