EU

Video

Globalizing World Requires Transatlantic Partnership and Leadership

Speaker: Wolfgang Schäuble
Presider: Robert M. Kimmitt

With the economic structural reforms enacted in many southern European countries now beginning to show results, German finance minister Wolfgang Schäuble joins Robert Kimmitt of the American Council of Germany to discuss the current state of the European economic recovery.

See more in Germany; Economics; EU

Audio

Globalizing World Requires Transatlantic Partnership and Leadership

Speaker: Wolfgang Schäuble
Presider: Robert M. Kimmitt

With the economic structural reforms enacted in many southern European countries now beginning to show results, German finance minister Wolfgang Schäuble joins Robert Kimmitt of the American Council of Germany to discuss the current state of the European economic recovery.

See more in Germany; Economics; EU

Must Read

Financial Times: Optimism About an End to the Euro Crisis Is Wrong

Author: Wolfgang Münchau

"In a monetary union, adjustment is hard without any transfers and without a fiscal union. I know of no plausible plan how the eurozone can manage the dual feat of economic adjustment and debt sustainability within the straitjacket of official policy. And as long as such a plan does not exist, the crisis is not over."

See more in EU; Financial Crises

Must Read

Financial Times: Watch Out for the Rise of a European Tea Party

Author: Gideon Rachman

"Next year's elections to the European parliament also look like a possible breakthrough moment for a European Tea Party. The parliament has traditionally been the most federalist institution in Europe, acting as a lobby group for the transfer of more powers to Brussels. But next May's elections are likely to show a surge in votes for eurosceptic parties across the continent."

See more in EU; Political Movements and Protests

Must Read

Project Syndicate: The Eurozone’s Calm Before the Storm

Author: Nouriel Roubini

"So far, the grand bargain between the core and the periphery has held up: the periphery continues austerity and reform while the core remains patient and provides financing. But the eurozone's political strains may soon reach a breaking point, with populist anti-austerity parties in the periphery and populist anti-euro and anti-bailout parties in the core possibly gaining the upper hand in next year's European Parliament elections."

See more in EU; Financial Crises

Article

Pivot to a Trans-Atlantic Market

Authors: Charles A. Kupchan and Marta Dassù
New York Times

Yes, the United States is pivoting to Asia, one of the reasons for the tête-à-tête last week between Barack Obama and Xi Jinping. But behind the scenes, President Obama has actually been reorienting U.S. diplomacy toward Europe.

See more in EU; United States; Trade

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 EU; Financial Crises