The European Commission has launched proposals to radically reform corporate income tax in the EU with a system known as the Common Consolidated Corporate Tax base. This column in Vox suggests that this reform would have significant effects on individual member states, but only small effects at the aggregate level in terms of employment, GDP and efficiency.

The EU Treaty on Stability, Coordination and Governance in the Economic and Monetary Union was signed on March 2, 2012.

Laurence D. Fink, chairman and chief executive officer of BlackRock, discusses the challenges facing the global financial system.

Greece appears to have averted imminent default, but its recovery prospects remain clouded by the severity of its planned austerity measures and the impact cutbacks have already had on its stricken economy.

Philip Stephens discusses two measures necessary to avoid catastrophic economic collapse in Greece and its implications for European solidarity in this Financial Times piece.

The eurozone, once seen as a crowning achievement in the decades-long path of European integration, is buffeted by a sovereign debt crisis of nations whose membership in the currency union has been poorly policed.

The treaty establishing the European Stabilisation Mechanism was signed by the Eurozone states on February 2, 2012. It awaits ratification to enter into force.

Charles A. Kupchan argues that unless the growing gap between governance and governed is resolved, the EU may be headed for fragmentation, if not outright dissolution.

Secretary of State Clinton and Treasury Secretary Geithner issued this joint statement regarding the EU's new round of sanctions against Iran, on January 23, 2012.

The Council of Europe Social Charter was opened for signature on October 18, 1961 and entered into force on February 26, 1965.

On January 23, 2012 the EU voted on updated sanctions against Iran: EU Regulations 54/2012 and 56/2012, and Council Decision 2012/35/CFSP.

Another eurozone mini-summit is underway today but investors continue to doubt EU leaders' ability to address the sovereign debt crisis, even as banks face a liquidity crunch.

Will an EU plan requiring all airlines to join its carbon market starting in 2012 spark a trade war and prove financially harmful to a struggling airline industry?

EU leaders are moving forward with a new fiscal compact, but doubts persist over the agreement's legality and its ability to stem the tide of eurozone sovereign debt contagion.

Experts discuss the lessons learned during the financial crisis and the importance of federal economic oversight in addition to regulatory reform.

At a Brussels summit, EU leaders agreed to develop a new fiscal union in an effort to preserve the indebted eurozone. Analysts say Britain's decision to opt out of the plan could dramatically reshape the path of European integration.

An agreement by EU leaders to create a new fiscal union signals a political commitment to the future of the euro. Economist Iain Begg explains why it will not immediately solve the eurozone sovereign debt crisis.

Benn Steil's Forbes op-ed explains why central banks, in spite of their money-printing powers, ultimately need real capital.

After EU Council summit talks in Brussels, at which France and Germany urged EU member states to overhaul EU treaties in an attempt to remedy the debt crisis, the UK opted out, citing the proposed financial services tax. The 17 Eurozone members and six other states agreed instead on this pact, reached on December 9, 2011, without the UK's participation.

CFR's Sebastian Mallaby discusses the EU summit's potential for stemming the tide of the eurozone debt crisis.