"If Athens doesn't keep its word, it will be a democratic choice. The consequence will be that the basis for fresh aid will disappear." Jens Weidmann, German bank chief (quote from today from http://www.bbc.co.uk/news/world-europe-18046280 )
That's european union understanding of democracy. you can vote for what ever you want as long as it is what we want. they showed it time and again.
Examples include the austrian government with far right participation, the felt 100 votes about eu membership and maastricht contracts (sometimes three times until they finally got slim pro vote). And thats one of the reasons the pirates and others are growing that fast: people are pissed by that, espacially the younger ones. just my 5 cents.