The draft Code of Conduct for Outer Space Activities was published by the EU in 2008 with a revised draft released in September 2010. Among its concerns, the draft takes "into account that space debris constitutes a threat to outer space activities and potentially limits the effective deployment and exploitation of associated space capabilities" and strives for "the formation of a set of best practices aimed at ensuring security in outer space could become a useful complement to international space law".
William R. Cline interviewed by Christopher Alessi
Greece's new prime minister is seeking crucial parliamentary support for an EU bailout package that will require restructuring its sovereign debt. Economist William Cline says Uruguay's 2003 default offers a constructive model.
The ongoing eurozone sovereign-debt crisis dominated the G20 summit in Cannes, but there is little the United States and other G20 nations can do to influence EU policymakers, says CFR's Steven Dunaway.
European leaders met in Brussels to craft a comprehensive solution to the eurozone sovereign debt crisis. Sebastian Mallaby, director of CFR's Greenberg Center for Geoeconomic Studies, and Benn Steil, CFR director of international economics, discussed the outcome of the summit, the role of the continent's banks, the Greek debt crisis, and the eurozone's financial rescue fund.
The fate of the EU is in doubt as a crucial summit prepares to address the economic crisis. CFR's Charles Kupchan says the union will likely survive and could even grow stronger by creating more capable institutions to oversee the euro.
Political divisions continue to hamper a comprehensive solution to the eurozone sovereign debt crisis. EU leaders are caught between market forces urging greater European fiscal integration and strong nationalist sentiments warning against a loss of political sovereignty.
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