Posted on 30 November 2011. Tags: Berlin, Constanze Stelzenmueller, euro crisis, Euro zone crisis, EuroFuture, Europe, Germany, Poland, Politics, Sikorski Berlin Speech
By: Constanze Stelzenmüller
BERLIN—It is German Question Time once more in Europe. Only Germany, the continent’s most powerful economy, and still miraculously going strong, can lead the way to a recovery. That much is admitted from Lisbon to Tallinn, and even in Berlin. The problem is that the Germans, less than two weeks before an historic EU summit [...]
Read the full story
Posted in Central and Eastern Europe, European Union, Germany, Greece, Poland, slider, Transatlantic Relations, Transatlantic Take, United States
Posted on 30 November 2011. Tags: EuroFuture, European Commission, European Parliament, European Union, Poland, Politics, Sikorski Berlin Speech
By: John Richardson
BRUSSELS – Polish Foreign Minister Radoslaw Sikorski came to Berlin and, in the presence of the German foreign policy establishment, asked – indeed, demanded – Germany to play the leading role in solving Europe’s crisis. Sikorski analyzed the elements of the crisis and arrived at the stark conclusion that only two scenarios for its continuation [...]
Read the full story
Posted in Central and Eastern Europe, Economics, European Union, Germany, Poland, Transatlantic Relations, Transatlantic Take, United States
Posted on 30 November 2011. Tags: Britain, David Cameron, Economy of the European Union, euro, EuroFuture, Europe, European Union, Eurozone, Germany, Politics, Politics of the European Union, Rados?aw Sikorski, Sikorski Berlin Speech
By: Michael Leigh
BRUSSELS – Radoslaw Sikorski’s Berlin speech shattered any illusion in London that British Prime Minister David Cameron could rally the 10 eurozone “outs” to British positions at the European Union summit on December 9. Sikorski’s federalist vision, commitment to Poland’s joining the euro, and invitation to the United Kingdom to join the eurozone, or at [...]
Read the full story
Posted in Central and Eastern Europe, Economics, European Union, Germany, Poland, Transatlantic Relations, Transatlantic Take, United States
Posted on 30 November 2011. Tags: Berlin, EuroFuture, Europe, European people, Poland, Politics, Rados?aw Sikorski, Sikorski Berlin Speech, Warsaw
By: Andrew Michta
WARSAW – In Berlin this week, Polish Foreign Minister Radoslaw Sikorski called for a greater federalization of Europe, emphasizing that, notwithstanding the economic dimension of the crisis, the core of the EU’s problem is one of leadership. The enduring significance of Sikorski’s message lies less in the specifics of his proposed reforms and more in the [...]
Read the full story
Posted in Central and Eastern Europe, Economics, European Union, Germany, Poland, Transatlantic Relations, Transatlantic Take, United States
Posted on 22 November 2011. Tags: euro, Eurozone, Eurpean union, Global governance, IMF, International development, International Monetary Fund, International relations, Political systems, Politics, United Nations
By: Kati Suominen
WASHINGTON—The European Commission’s economic proposals to be unveiled on Wednesday will include a call for the Eurozone nations to pool their representation at the board of the International Monetary Fund (IMF) into a single seat. Designed to boost the currency bloc’s clout at a time when emerging markets are seeking greater powers in the world [...]
Read the full story
Posted in Economics, European Union, G20, Germany, Global Governance, Greece, IMF, slider, Transatlantic Take, United States
Posted on 02 November 2011. Tags: Business/Finance, Economics, euro, Europe, G-20 major economies, G20, IMF, International economics, International Monetary Fund, International relations, Late-2000s recession, Sovereign wealth fund, World currency, World economy
By: Kati Suominen
WASHINGTON—The Greek bombshell decision to hold a referendum on the last week’s celebrated eurozone bailout package will ensure that the G20 Summit starting on Thursday in Cannes will be hijacked by Europe’s troubles. A source of turbulence in the world economy, Europe’s problems are the world’s problems and should be on the G20 agenda. But [...]
Read the full story
Posted in Asia, China, Economics, European Union, G20, Germany, Greece, IMF, India, Russia, slider, Transatlantic Take, United States
Posted on 28 October 2011. Tags: Business/Finance, Economic history, Economics, Economy of Greece, euro, euro crisis, Eurocrisis, Europe, European Commission, Eurozone Crisis, Government debt, Italy, Late-2000s recession, Merkel, Sarkozy, Silvio Berlusconi, Stock market crashes
By: John Richardson
BRUSSELS — Any banking system relies on its depositors retaining their faith in the soundness of their banks. Investors have traditionally regarded government bonds as a relatively low interest, but safe place to park their funds. And voters have trusted their governments to deal competently with complex financial questions. What happens when these components of [...]
Read the full story
Posted in Central and Eastern Europe, Economics, European Union, Germany, Greece, News, Politics, slider, Transatlantic Marketplace, Transatlantic Relations
Posted on 20 October 2011. Tags: Business/Finance, Economics, euro, European Union, Eurozone, Financial crises, G-20 major economies, International Monetary Fund, International relations, Michel Barnier
By: Kati Suominen
Washington – In yet another sign of the eurozone members’ inability to stem their regional financial crisis, last week Standard and Poor’s downgraded Spain’s credit rating to AA-. This move has raised new fears about the ability of beleaguered European nations to pay their sovereign debts. And it has revived calls for expanding the International [...]
Read the full story
Posted in Economics, European Union, Germany, Global Governance, Greece, IMF, slider, Transatlantic Marketplace, Transatlantic Relations, Transatlantic Take
Posted on 20 October 2011. Tags: Business/Finance, Dexia, Economics, euro, European Central Bank, European Union, Finance, International Monetary Fund
By: Guillaume Xavier-Bender
BRUSSELS – In late August, Christine Lagarde, the newly appointed managing director of the International Monetary Fund, called for “urgent recapitalization” of European banks in order to cut “the chains of contagion” emanating from the euro crisis. The same day, Jean-Claude Trichet, governor of the European Central Bank, swiftly dismissed concerns about a liquidity problem [...]
Read the full story
Posted in Economics, European Union, Germany, Greece, slider, Transatlantic Take
Posted on 13 October 2011. Tags: Angela Merkel, Debt, Economy of Germany, Economy of the European Union, EU Expansion, euro, Europe, European Commission, European Union, Federalism, France, Government, Politics, Politics of the European Union, Robert Schuman, Sarkozy
By: Joseph Wood
WASHINGTON — The financial crisis in Europe has merged with contemporary communications capability to produce an extraordinary quantity of commentary on the future of the euro and, by extension, the future of Europe. Most of the commentary focuses on what means will best prevent the worst economic consequences of the crisis, what measures would best [...]
Read the full story
Posted in Economics, European Union, Germany, Global Governance, slider, Transatlantic Take