Daniele Nouy discusses European banking supervision.
Daniele Nouy discusses European banking supervision.
The European Union’s divided approach to the mass influx of migrants poses another threat to the goal of binding the continent economically and politically, writes CFR’s Sebastian Mallaby.
On May 13, 2015, the European Commission reviewed the Schengen Agreement to clarify its agenda on migration, in response to the influx of migrants from Ukraine, the Middle East, Asia, and North Africa who were seeking asylum in Europe. Implementation packages were released May 27 and September 9, with details on refugees distribution, funds for countries receiving and settling refugees, and search and rescue operations for traveling refugees.
On September 9, 2015, European Commission President Jean-Claude Juncker spoke about issues the European Union is facing, including the influx of refugees, the relationships of Greece and of Britain to the EU, the conflict in Ukraine, and climate change. He released updates for the European Agenda on Migration and for the ten priorities of the European Commission (first outlined in 2014).
The West’s governments saw this coming more than two years ago, and have done little to prevent it.
Experts discuss the leadership style, psychology, personality, and policies of Pope Francis ahead of his upcoming visit to the United States.
What CFR.org Editors are reading the week of August 31–September 4, 2015.
President Erdogan is playing a game of 12-dimensional chess.
Germany's insistence upon Greek reform is not about inflicting humiliation or exacting revenge, but rather making the country economically viable in the long term, says expert Ulrich Speck.
In his testimony before the Senate Committee on Foreign Relations' Subcommittee on Europe and Regional Security Cooperation, Robert Kahn argues that although Greece's direct trade and financial links to the U.S. economy are small and there is less of a direct systemic threat to the United States than when the crisis began in 2009, the risks are still material.
Council on Foreign Relations Senior Fellow Robert Kahn breaks down the deal and explains what it means for the future of Greece and the European Union. Greece reached an agreement with European creditors that would impose harsh austerity measures in return for a financial bailout.
Leaders of euro member states held a special Euro Summit on Greece. On July 12, 2015, the leaders "agreed in principle that they are ready to start negotiations on an ESM [European Stability Mechanism] financial assistance programme for Greece."
What CFR.org Editors are reading the week of July 6–10, 2015.
Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn argues that if Greece exits the eurozone, introducing a new currency could occur quickly; getting broader economic policies right is the more difficult challenge facing the country.
Kurds have become critical players amid domestic upheaval and political changes throughout the Middle East. Explore the history of the Kurdish people and why some Kurds may be on the verge of achieving their century-old quest for independence.
Senior fellows from the Council on Foreign Relations break down Greece's referendum on a European bailout package. Voters rejected a deal that would have imposed tough austerity measures on Greece.
Can Western governments learn anything from the Greek fiasco that will produce a better result in Ukraine? There are countless differences between the two situations, but one big similarity should worry us: In both countries an economic crisis has begotten a political crisis, and the two have begun to feed on each other.
Climate talks have largely failed to curb rising temperatures, but bottom-up initiatives featuring subnational actors hold great promise if coordinated effectively. Varun Sivaram and David Livingston argue that California and Germany can “lead from between” to bridge international and subnational climate action.
Until recently, most Europeans believed that their post–Cold War security order held universal appeal and could be a model for the rest of the world. This conviction was hardly surprising, since Europe has often played a central role in global affairs. For much of the last three centuries, European order was world order—a product of the interests, ambitions, and rivalries of the continent’s empires.
Nearly a century after it first emerged in Egypt, political Islam is redefining the Muslim world. Also called Islamism, this potent ideology holds that the billion-strong global Muslim community would be free and great if only it were pious—that is, if Muslims lived under state-enforced Islamic law, or sharia, as they have done for most of Islamic history.
To ensure the success of Myanmar's historic democratic transition, the United States should revise its outdated and counterproductive sanctions policy.
Blackwill and Campbell analyze the rise of Chinese President Xi Jinping and call for a new American grand strategy for Asia.
Williams argues that greater U.S. involvement is necessary to enhance the quality and success of peacekeeping missions.
Kurlantzick offers the sharpest analysis yet of what state capitalism’s emergence means for democratic politics around the world. More
In a cogent analysis of why the United States is losing ground as a world power, Blackwill and Harris explore the statecraft of geoeconomics. More
Takeyh and Simon reframe the legacy of U.S. involvement in the Arab world from 1945 to 1991 and shed new light on the makings of the contemporary Middle East. More
Learn more about CFR’s mission and its work over the past year in the 2015 Annual Report. The Annual Report spotlights new initiatives, high-profile events, and authoritative scholarship from CFR experts, and includes a message from CFR President Richard N. Haass.
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