It's not just about the will of the majority, said Yanis Varoufakis.

When, in 2003, some 78 percent of Czechs voted in in favor of joining the European Union, the mood in the country was optimistic. The country's economy had shown impressive growth rates; foreign investment had been booming. Joining the EU on May 1, 2004, was seen as a symbolic step underlining successful reforms that had been adopted during the process of accession. On the 10th anniversary of accession, the mood is far less optimistic. According to the latest surveys, about two-thirds of Czechs do not trust the EU, citing too much bureaucracy and overregulation as the main problems of the EU.