Yanis Varoufakis: EU must foster regional democratic governance

In the wake of Catalonia’s bid for independence, Yanis Varoufakis argues that a wish for a pan-European democracy is the prerequisite for imagining a Europe worth saving.

To revive the ailing European project, the ugly conflict between Catalonia’s regional government and the Spanish state may be just what the doctor ordered.

A constitutional crisis in a major European Union member state creates a golden opportunity to reconfigure the democratic governance of regional, national, and European institutions, thereby delivering a defensible, and thus sustainable, EU.