EU

Ask CFR Experts

How long will it take southern Europe to rebound from the eurozone crisis, and how will that affect the rest of Europe?

Asked by Jackson Ryan, from King HS

The debt crisis that has hammered southern Europe since 2010 will have long-lived economic effects, despite the moderation in Spanish and Italian government borrowing costs since the European Central Bank's "Outright Monetary Transactions" initiative last September.

Read full answer

See more in Western Europe, EU, Economics, Financial Crises, EU, IMF

Interview

A Growth Strategy for Greece

George Papandreou interviewed by Christopher Alessi

The EU and IMF should loosen the austerity requirements of Greece's bailout package to allow the indebted country to implement needed growth-enhancing policies, says former prime minister George Papandreou.

See more in Greece, Financial Crises, EU

Ask CFR Experts

What are the potential benefits and pitfalls of the proposed U.S.-EU Free Trade Agreement?

Asked by Bill Wanlund
Author: Robert Kahn

A U.S.-EU Transatlantic Trade and Investment Partnership (TTIP) could provide a significant boost to U.S. jobs, growth and trade. Conversely, the primary pitfall to the agreement would be if it caused a retreat from multilateralism, divert trade trom emerging markets and weaken institutions such as the World Trade Organization.

Read full answer

See more in Trade, EU

Backgrounder

Germany's Central Bank and the Eurozone

Author: Christopher Alessi

Germany's Bundesbank remains an influential actor in eurozone policymaking, and its recent disagreements with the ECB raise concerns about managing the zone's debt crisis. This Backgrounder explains.

See more in EU, Economics, EU

Interview

Slouching Toward a Banking Union

Robert Kahn interviewed by Christopher Alessi

EU leaders at this week's summit are expected to advance a banking union crucial to restoring confidence in the eurozone, but its full implementation is a long way off, says CFR's Robert Kahn.


See more in EU, EU

Op-Ed

Albion at the EU Exit Door

Author: Charles A. Kupchan
International Herald Tribune

Charles A. Kupchan argues that David Cameron's changes to Britain's relationship with the European Union run the risk of a British exit from the union and a weakening of Britain's role as a bridge between the United States and Europe.

See more in U.K., EU

Interview

The EU Budget Debate

Sebastian Mallaby interviewed by Christopher Alessi

Acrimony among European leaders regarding a new EU budget is indicative of larger challenges the union faces in facilitating further economic integration, says CFR's Sebastian Mallaby.

See more in EU, EU

Transcript

The Current State of Affairs in the European Union

Speaker: János Martonyi
Presider: Nancy G. Brinker

Nancy Brinker, Founder and Chief Executive Officer of Susan G. Komen for the Cure interviews Hungarian Minister of Foreign Affairs Janos Martonyi on the state of the European Union today.

See more in EU, EU

Must Read

Reuters: Special Report: Inside Mario Draghi's euro rescue plan

Authors: Paul Carrel, Noah Barkin, and Annika Breidthardt

Reuters details the negotiations that led from ECB President Mario Draghi's late-July speech to his recent announcement that the ECB stood ready to buy "unlimited" amounts of bonds by the most troubled euro members.

See more in EU, EU

Must Read

New Republic: What Happened to Europe?

Author: Amartya Sen

Amartya Sen writes: "Europe has been extraordinarily important for the world, which has learned so much from it. It can remain globally important by setting its own house in order--economically, politically, and socially. The first step is to understand properly, with some clarity, the policy challenges that Europe faces today. A failure to do so will reverberate far beyond Europe's own borders."

See more in Europe/Russia, Financial Crises, EU