Europe

Op-Ed

Europe's Bargain

Author: A. Michael Spence
Project Syndicate

A. Michael Spence argues that the eurozone has an opportunity to jumpstart economic recovery by relaxing fiscal constraints on the condition that member states use the reprieve to initiate public sector investment and structural reforms.

See more in Europe; Monetary Policy; Budget, Debt, and Deficits

Op-Ed

UK Will Grapple With the Unsolved Problem of Greater Autonomy

Author: Richard N. Haass
Financial Times

"The biggest danger from this side of the Atlantic is that the British government will be preoccupied for the coming years with how to grant and manage greater autonomy not just in Scotland but in Wales, Northern Ireland, and England – and then further distracted by the debate over its contested relationship with Europe," argues Richard N. Haass in the Financial Times.

See more in United Kingdom; Polls and Opinion Analysis

Primary Sources

Wales Summit Declaration

This document was issued on September 5, 2014, after a summit with NATO leaders which addressed the instability in Europe between Russia and the Ukraine and the threat of the Islamic State of Iraq and the Levant (ISIL). The declaration includes increased sanctions against Russia and a rapid-reaction force based in Eastern Europe to act against moves from the Russian military.

See more in Russian Federation; NATO; Ukraine