mass anti-EU rally in Athens in 2015 NurPhoto

Can the EU Survive Populism?

National politicians sometimes succumb to popular pressure, adopting the rhetoric – and even the program – of their populist adversaries. But the EU can do no such thing, without effectively hastening its own demise.

BRUSSELS – Another year, another threat to the European Union’s survival. The good news is that the greatest disruption of 2016, Britain’s vote to exit the EU, appears manageable. The bad news is that both France and Italy face the prospect of a populist political takeover this year. Either outcome could well spell the end of the EU.

The EU has lately become a prime target for populists. The phenomenon first took hold in Greece, when the left-wing Syriza party came to power in January 2015. But Syriza was not trying to pull Greece out of the EU; rather, it wanted a better deal with the country’s creditors, who had imposed devastating austerity measures on Greek citizens.

Syriza’s approach largely reflected the will of the people. In a June 2015 referendum, voters overwhelmingly rejected a deal proposed by Greece’s creditors that would have meant even more austerity. Yet the government’s acceptance of a largely unchanged deal just a few days later received broad support. Greek voters understood that better terms were not worth losing eurozone membership.

To continue reading, please log in or enter your email address.

To read this article from our archive, please log in or register now. After entering your email, you'll have access to two free articles from our archive every month. For unlimited access to Project Syndicate, subscribe now.

required

By proceeding, you agree to our Terms of Service and Privacy Policy, which describes the personal data we collect and how we use it.

Log in

http://prosyn.org/AlGXfUo;

Cookies and Privacy

We use cookies to improve your experience on our website. To find out more, read our updated cookie policy and privacy policy.