Disturbing developments point in the direction of a dramatic new chapter in European history. While the roots run much deeper, Europe’s post-democratic era began in earnest in Frankfurt — Europe’s financial capital — in the lead-up to this month’s G20 summit. There, under the shadow of Deutsche Bank’s headquarters, Angela Merkel convened a small group of unelected officials for secretive emergency talks on Europe’s rapidly deteriorating crisis.

http://roarmag.org/2011/11/crisis-europe-democracy-italy-greece-frankfurt-group/