euro zone

There are some reasons to think so.
Greece Prime Minister Alexis Tsipras will chair an executive meeting of his Syriza party early Tuesday before lawmakers begin a two-day debate on the bailout deal that will heap more tax hikes and spending cuts on a country already suffering through six years of recession.
Citizens of the eurozone countries didn't know when they formed the monetary union that they were not only losing their sovereign and democratic rights to control their most important macroeconomic policies. They had also ceded this power to people with an anti-social-Europe agenda. Now Greece is trying to get some of that democracy back.
A breakdown of the European bailout program might make a Greek exit from the euro ("Grexit") the only feasible option. And the popular revolt against outsiders dictating economic policy creates a huge new roadblock to attempts to expand Brussels' power over EU members.