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The EU needs reform. Countries have transferred jurisdiction over legislations to a centre that makes decisions in somewhat of a vacuum, featuring a European Parliament that cannot itself initiate legislation. We have a paradox therefore where national parliaments give certain powers to the centre, without being compensated through the creation of an essential federal sovereignty; this is ineffective, and denying this is not helping us debate what is wrong with the EU and how to fix it. We need to work together as nations to reform and democratise EU institutions.

— Yanis Varoufakis

Greek Finance Minister during eurozone debt crisis negotiations

The EU needs reform. Countries have transferred jurisdiction over legislations to a centre that makes decisions in somewhat of a vacuum, featuring a European Parliament that cannot itself initiate legislation. We have a paradox therefore where national parliaments give certain powers to the centre, without being compensated through the creation of an essential federal sovereignty.

— Yanis Varoufakis

Greek Finance Minister during eurozone debt crisis negotiations