Europe's reaction to the UK's referendum was dominated by the same harsh response that greeted Greece's June 2015 ballot-box rejection of its bailout package. Herman Van Rompuy, former European Council1 president, expressed a widespread feeling when he said that Cameron's decision to hold a referendum "was the worst policy decision in decades." In so saying, he revealed a deep antipathy toward democratic accountability."
( Joseph E. Stiglitz )
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