Wednesday 21 February 2018

Jody Corcoran: Cypriot crisis shows that solidarity in Europe is but a false impression

It's every country for itself in this unchanging game where regimes come and go but the authorities will not yield.

Jody Corcoran

Jody Corcoran

Politicians in Cyprus will soon discover what politicians throughout Europe have already discovered – that the yoke of austerity is relentless and will render useless their pretentions of power.

Until last week, it was tempting to believe that a shift was under way, that the tumbling of governments had made space for the legitimacy of democracy.

Some had pointed to the election of a new Pope as an arbiter of change, but there is another way of looking at that: German-educated, of Italian extraction, he is from a default country once bankrupt, who makes virtue of a lifestyle of austerity – and is said to be soft on dictatorship too.

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