EU

Other Report

Eurozone Crisis as Historical Legacy

Author: Mary Elise Sarotte

This essay examines the historical roots of the eurozone crisis, tracing the roots of ongoing political and economic problems back to agreements that were made around German reunification in 1989.

See more in EU, Geoeconomics

Op-Ed Authors: Benn Steil and Paul Swartz
Wall Street Journal

Benn Steil and Paul Swartz's op-ed in the August 19 edition of the Wall Street Journal explains why the Fed must give up control over the setting of the Fed funds rate--or indeed any interest rate--in order to implement its announced exit strategy. But they argue that evidence from the eurozone suggests strongly that the Fed will be unwilling to relinquish control over rates.

See more in United States, EU, Financial Crises

Interview

Tough Love for Eurozone

Daniel Gros interviewed by Roya Wolverson

Saving the European Union requires a plan to allow fiscally weak member countries to fail, as well as painful lifestyle changes and some loss of national sovereignty, says the Centre for European Policy Studies' Daniel Gros.

See more in EU, Financial Crises, Geoeconomics

Interview

Reforming the Eurozone

Marc Levinson interviewed by Roya Wolverson

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.

See more in EU, Financial Crises, EU, IMF