The use of overly intrusive conditionality in Greece is threatening the European project

In a recent blog published by the London School of Economics, MSM Professor Harald Sander argues that the use of overly intrusive conditionality in Greece is threatening the European project.

Professor Sander puts forth three reasons for this view: First the institutions’ conditionality has often proven dysfunctional and too painful for debtor countries; second, the use of extensive policy conditionality is an ad-hoc approach with unequal burden sharing between debtors and creditors; third, too intrusive conditionality is in conflict with democratic decisions in debtor countries, which can put the idea of a Europe in which nations participate as equals in jeopardy.

Read the entire blog here.