It's an unwinnable situation. Again, EU-level politics keep assuming everyone (corporations and states) are adults. Unfortunately, everyone are just a bunch of screaming, scheming petulant children.
One in four MEPs are involved in scandals [0] ranging from harassment to organized crime and corruption. The European Parliament also remains a free out-of-jail card through abuse of parliamentary immunity, and they do abuse it [1]. EU politics is a circus.
1. https://www.politico.eu/article/eu-parliament-accused-overre...
However, the bigger issue is that european parliament is treated in many countries as essentially dumping ground between national elections.
She was sent to EU so she can do less harm in the future, but the irony is that she became the head of EU.
To just call this "screaming" is to completely dismiss a real and huge problem. The EU is the idea that countries should fuse into economic areas, but the countries are also individual still. Of course there's a lot of friction.
For example, because Greece was in the Euro, they couldn't inflate their currency to compensate for the fact that they gradually outsourced more and more work to Germany, until they had nothing left and hit a financial crisis because their government couldn't borrow more money. That's not mindless screaming.
"Our plan to be inaccountable didn't work, so we'll try a different scheme instead".
And yes, it's a huge problem. That's why I called the situation unwinnable.
https://www.statbureau.org/en/greece/inflation-charts-yearly
I know you permanent money people are keen on a dog eat dog world where you trust no one and see everyone around you as a competitor to defeat.
Destroying their peoples lives with inflation so they could continue the parade would be even worse for both Greece and EU as a whole.
The introduction of the Euro was the start signal for each country to try to inflate as much as they can for their own benefit - since the first inflator gets the best value out of the currency. Idiots are left holding paper currency worth less and less each day. Having to work harder and harder in a never ending spiral.
The country which by legislation or by other means makes it easier for banks to lend out money will benefit their own citizens and companies, since they get to be the first spenders of newly created money before it reduces in value. That's how national governments can use inflation for their own benefit within a common currency system. But no government involvement is necessary. If a group of people (in this case the Greeks) are willing to take on extraordinary amounts of debts compared to other groups, then we have the same results.
Remember that all money which was borrowed in the European "debt crisis" went somewhere before the loans couldn't be paid. Somebody benefitted, and the idiots were left to pay.
Can you quote where I did that, please?
If there were exchange rates between Germany and Greece, the problem would never had a chance to grow big enough to require a bailout.
Basically current EU has huge gaps of accountability in multiple directions and areas, even compared to a typical elected oligarchy of the singular developed country. Multiple EU institutions are not elected at all and neither they are accountable to the citizens across EU.