Debt restructuring and longer-term eurozone reforms will be needed to contain Europe's sovereign debt problems and restore European stability and prosperity, says CFR's Marc Levinson.

The nearly $1 trillion EU bailout plan appears to have achieved immediate aims of restoring confidence in markets, but concerns persist about deeper reforms needed to tackle the region's sovereign debt crisis.

The IMF and European leaders have gotten serious about Greece's debt, says CFR's Charles Kupchan. But the crisis also raises concerns about the eurozone's unity.

Rating agency S&P's decision to downgrade Greek debt to "junk" may lead to softened pre-conditions for an IMF-EU bailout and a swifter European response, says CFR's Marc Levinson.

NATO would run a strategic risk by admitting Russia, but the Atlantic alliance is actually running a greater strategic risk by excluding it.

In this op-ed from Pakistan's Daily Times, Peter Jacob explores the reasons for why the UN Resolution on Defamation of Religions has caught little attention in Pakistan and recommends that the Pakistani government review its position on the resolution, pointing out that it will undermine the development in the conceptual framework and implementation of human rights.

Michael A. Levi and Katherine Michonski discuss the consequences of the World Bank's refusal to fund a controversial coal-fired power plant in South Africa.

Developed countries should embrace a stronger IMF while pressing for more equitable voting rights that would boost the institution's legitimacy, says former IMF board member Domenico Lombardi.

NATO members preparing for a new "strategic concept" to be issued at the November summit will have to both hash out serious differences about how NATO forces should be deployed and determine how best to gain Russia's cooperation, says William Drozdiak.

With the Lisbon Treaty now in effect, the European Union has more power to implement foreign policy decisions -- on paper, at least.

NATO has been a cornerstone of security in Europe--and of U.S. foreign policy--for six decades. But its ability to continue playing such a central role is unclear. James M. Goldgeier takes a sober look at what the alliance and its members must do to maintain NATO's relevance in the face of today's strategic environment.

Walter Russell Mead comments that the recent Ukrainian election was a "setback" to the spread of democracy in the world.

President Obama's decision to skip an upcoming summit in Spain set off a European reaction that highlighted areas of conflicting interests between the EU and the U.S., says CFR Europe expert Charles Kupchan.

Leslie Gelb writes that the climate change conference in Copenhagen was a sign of what international diplomacy is going to look like over the next decade.