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.
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.
Speaker: Philip H. Gordon Presider: Karen E. Donfried
Listen to Philip H. Gordon, assistant secretary of state for European and Eurasian affairs, shed light on the status and future of the U.S.-European relationship under a new president's leadership, as well as the role of the transatlantic partnership in addressing international security challenges.
Listen to experts discuss how the Euro has impacted the economies of member countries during the last ten years, and the complexities of navigating monetary policy amongst differing national interests.
This session was part of the 2009 International Affairs Fellows Conference.
Speakers: Stewart Eldon, General Sir John Mccoll, and Andrew Moravcsik Presider: Robert E. Hunter
Listen to experts provide their insights on topics such as EU and NATO political and military cooperation, France’s role in NATO, EU defense policy, and others as part of the Council on Foreign Relations "NATO at 60" Symposium.
Europe faces looming challenges. The authors examine the nuts and bolts of EU machinery and present a compelling argument that "ever closer union" will only be possible with greater balance and flexibility among supranational, national, and subnational actors.
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.
The Council on Foreign Relations' David Rockefeller Studies Program—CFR's "think tank"—is home to more than seventy full-time, adjunct, and visiting scholars and practitioners (called "fellows"). Their expertise covers the world's major regions as well as the critical issues shaping today's global agenda. Download the printable CFR Experts Guide.