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The fifth Hellenic Presidency of the Council of the European Union concluded its mission and handed over to Italy. The Hellenic Presidency conducted its work at a period heavily affected by the ongoing economic crisis and its devastating effects in the social sphere. It was a period characterized by severe criticism of the EU and its way of functioning. This criticism and discontent were rather eloquently demonstrated during the recent European Parliament elections, when EU citizens proved to be quite vocal in their demand for a better Europe.