Europe

Op-Ed

Ukraine's False Choice

Authors: Heidi Crebo-Rediker and Douglas A. Rediker
ForeignPolicy.com

With opposition to the Russian financial support gaining strength, Ukrainian president Viktor Yanukovych faces a seemingly stark choice. He can bow to Moscow and its offer of cheap gas and easy money, or to the apparent will of Ukraine's people by resurrecting its agreement with the European Union and re-engaging with the International Monetary Fund. Muddling through—as Yanukovych has done for so long—is no longer an option, write Heidi Crebo-Rediker and Douglas A. Rediker.

See more in Ukraine; Peace, Conflict, and Human Rights

Must Read

FT: The Scandal at the Vatican Bank

Author: Rachel Sanderson

"After a decade of paedophilia scandals, the allegations of financial impropriety seemed set to unleash another storm of criticism and had to be addressed. Outside auditors as well as financial risk consultants were already coming into the Vatican but the arrest of Scarano made the case for reform unavoidable. "We cannot have any more scandal. It is so shameful," a senior member of the Vatican's financial administration said."

See more in Holy See/Vatican; Banks and Banking

Must Read

Project Syndicate: An Agenda to Save the Euro

Author: Joseph E. Stiglitz

"If the eurozone adopts the program outlined above, there should be no need for Germany to pick up any tab. But under the perverse policies that Europe has adopted, one debt restructuring has been followed by another. If Germany and the other northern European countries continue to insist on pursuing current policies, they, together with their southern neighbors, will wind up paying a high price."

See more in Europe; Financial Crises

Article

Europe’s Make or Break Moment

Authors: Charles A. Kupchan and Robert Kahn
Survival

Charles Kupchan and Robert Kahn examine the economic and political crisis in the European Union and discuss ways to restore financial stability, economic growth and political legitimacy to the project of European integration.

See more in Europe; Economics

Video

Europe 2014: An Outlook from the ECB

Speaker: Jörg Asmussen
Presider: Steve Liesman

Jörg Asmussen reflects on the European Central Bank's role in overcoming the eurozone crisis and the economic challenges for Europe ahead in 2014.

See more in Europe; Economics

Audio

Europe 2014: An Outlook from the ECB

Speaker: Jörg Asmussen
Presider: Steve Liesman

Jörg Asmussen reflects on the European Central Bank's role in overcoming the eurozone crisis and the economic challenges for Europe ahead in 2014.

See more in Europe; Economics

Foreign Affairs Article

Left Out

Author: Henning Meyer

Europe's social democrats hoped that the 2008 economic meltdown would vindicate their politics and strengthen their hand. But they failed to see how badly they had damaged their brand by compromising on core principles during the previous two decades. To find their way forward, they must return to their roots.

See more in Europe; Congresses, Parliaments, National Legislatures

Must Read

Reuters: Complete the Job

Author: Hugo Dixon

"Greece's reform job is not even half finished. The government hasn't done enough to root out the vested interests that strangle the economy. Nor has it cracked down fully on tax evasion or pushed hard enough to privatise state-owned properties."

See more in Greece; Economic Development