Economic policy in Europe is set by the Euro Group which is comprised of Eurozone finance ministers (who, by the way, were not elected by their populations). Their meetings are held in secret, with no record of what takes place; members of the Euro Group vote on proposals without any briefings or discussion of the issues upon which they are voting, and the citizens of Europe never get to know how their representatives voted.
This is an example of how Europe and the West in general has been shifting authority away from democratic accountability. Individual national governments are not allowed to control the economic policies of their own countries. Wolfgang Schäuble, the Finance Minister of Germany, specifically told Yanis Varoufakis, the former Greek Finance Minister, “elections cannot be allowed to change the economic policy of Greece”. There is a systematic drive to de-democratize the West; to negate the authority of democratic government and the political system as a whole, because, quite simply, the policies sought by power could never be approved through democratic processes.