The Euro cannot be democratic!

It is true that there has been no vote about whether the Euro countries should bail out others or to what extent.
Isn't this what the Germans call a Federal issue. To me it seems dictatorial!
now the Bundesbank is questioning it's legality.

http://www.telegraph.co.uk/finance/financialcrisis/8716783/Bundesbank-questions-legality-of-EU-bail-outs.html