With widespread protests in Istanbul and a dozen other cities throughout Turkey, Steven A. Cook argues on the Washington Post that the European Union should reengage Turkey's stalled membership bid as a way to encourage Prime Minister Erdogan to implement democratic reforms at home.
"Spain used to be the poster child for the benefits of the European project. It now risks becoming a symbol of everything that has gone wrong," writes Gideon Rachman.
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.
Eurozone finance ministers gave this statement on March 25, 2013, upon reaching a deal to provide ten billion euros to prevent bankruptcy in the Cyprus's banking system.
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.
Once fear reaches a critical mass, people will act, and then a bank run becomes a self-perpetuating process. There has been a lot of complacency about the eurozone crisis in the past eight months.
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.
Should a functioning government fail to emerge in Italy, the eurozone could soon find itself engulfed in another round of expensive and controversial bailouts, says CFR's Charles Kupchan.
U.S. and EU policymakers see multiple signs for a free-trade deal that could stimulate halting economies on both sides of the Atlantic and spur global talks, says expert Jeffrey Schott.
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.
British Prime Minister Cameron gave these remarks at Bloomberg in London on January 23, 2013. He discussed his view of the future of the European Union and his plans to hold a referendum on the United Kingdom's membership.
Prime Minister David Cameron, weakened domestically, must try to affirm Britain's future in the EU without being entangled in new moves toward EU integration, says Chatham House's Robin Niblett.
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.
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.
Acrimony among European leaders regardinga new EU budget is indicative of larger challenges the union faces in facilitating further economic integration, says CFR's Sebastian Mallaby.
The eurozone crisis has consequences far beyond the continent's economic performance, such as the EU's ability to forge coherent defense and foreign policy.
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.
The EU's Nobel Peace Prize selection comes as the bloc struggles to resolve its debt crisis. Nevertheless, the EU represents one of the great peacemaking accomplishments of the modern era.
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.
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.
Special operations play a critical role in how the United States confronts irregular threats, but to have long-term strategic impact, the author argues, numerous shortfalls must be addressed.
The author analyzes the potentially serious consequences, both at home and abroad, of a lightly overseen drone program and makes recommendations for improving its governance.
Two experts argue that despite myriad development strategies, only one can succeed in alleviating poverty in India: the overall growth of the country's economy. More