Portugal’s president: ‘This is the worst moment for a radical change to the foundations of our democracy’

As the United Kingdom prepares for a referendum on its own membership of the European Union, this is chilling.

Eurosceptics will warn that the Union is now a threat to the democracy of individual nation-states, and with Portugal’s behaviour as an example, there will be no answer.

With this, the Transatlantic Trade and Investment Partnership, and other assaults on democracy blotting its record, EU membership is looking increasingly unwise.

Against that, we have the suggestion that the United Kingdom could split if we leave the EU, with the SNP suggesting this might be the cause for another independence referendum.

What’s the best thing to do? It’s looking like an increasingly impossible decision to make.

Portugal has entered dangerous political waters. For the first time since the creation of Europe’s monetary union, a member state has taken the explicit step of forbidding eurosceptic parties from taking office on the grounds of national interest.

Anibal Cavaco Silva, Portugal’s constitutional president, has refused to appoint a Left-wing coalition government even though it secured an absolute majority in the Portuguese parliament and won a mandate to smash the austerity regime bequeathed by the EU-IMF Troika.

He deemed it too risky to let the Left Bloc or the Communists come close to power, insisting that conservatives should soldier on as a minority in order to satisfy Brussels and appease foreign financial markets.

Democracy must take second place to the higher imperative of euro rules and membership.

Source: Eurozone crosses Rubicon as Portugal’s anti-euro Left banned from power – Telegraph

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