Benn Steil's latest Forbes op-ed, co-authored with Dinah Walker, shows why Greece may turn out to be a deciding factor in the German elections. While it is widely believed that a fresh mandate for Chancellor Merkel means more robust German involvement to end the eurozone crisis, they show why the loss of her FDP coalition partner could mean the opposite.
A country may decide to stay inside the eurozone for political or security reasons. But surely we are at a different stage of debate when an exit becomes economically viable.
Steven A. Tananbaum Senior Fellow for International Economics Robert Kahn analyzes policy implications of lessons learned from the IMF's involvement in the Greek crisis.
George Papandreou interviewed by Christopher Alessi
The EU and IMF should loosen the austerity requirements of Greece's bailout package to allow the indebted country to implement needed growth-enhancing policies, says former prime minister George Papandreou.
Benn Steil's column in Dow Jones' Financial News, co-authored with Dinah Walker, shows why last March's Greek debt restructuring left Greece in poor shape to avoid financial collapse
A victory for Greece's center-right New Democracy party is a reprieve for the euro, but eurozone leaders must still grapple with systemic fixes, writes CFR's Charles A. Kupchan.
A Greek exit from the euro following the country's upcoming elections will be have negative consequences for Greece, European banks, as well as the eurozone, cautions CFR's Sabastian Mallaby.
Greek elections this weekend could render a verdict on the country's eurozone future, with analysts fearing serious consequences for the global economy, says this CFR Backgrounder.
Willem Buiter discussed the current and future challenges of the Eurozone, including the sovereign solvency crisis and the possible restructuring of current sovereigns, Spain's current debt situation, the role of the European Central Bank, and the possible exit of Greeze from the Eurozone.
Greece's political turmoil is spreading fresh economic uncertainty. But it is wrong to assume an automatic exit from the euro or further sovereign debt contagion, says expert Iain Begg.
Michael W. Hodin argues, "If aging populations can break out of traditional roles of dependency to contribute to social and economic life, societies can find the magical balance of growth and what is now called austerity."
Greece appears to have averted imminent default, but its recovery prospects remain clouded by the severity of its planned austerity measures and the impact cutbacks have already had on its stricken economy.
Philip Stephens discusses two measures necessary to avoid catastrophic economic collapse in Greece and its implications for European solidarity in this Financial Times piece.
Even as Greek leaders agree to new austerity measures,the IMF is calling on Greece's official creditors to take losses on its bond holdings. Analysts and policymakers increasingly question the wisdom of EU-mandated austerity measures at the expense of growth.
Policymakers and market actors are increasingly concerned about a disorderly Greek default, while many analysts question the wisdom of Germany's strict austerity approach to the escalating eurozone sovereign debt crisis.
New Prime Minister Lucas Papademos faces daunting challenges to rescue Greece's economy. A fiscal collapse, analysts say, will also raise questions over the eurozone's ability to manage debt crises in other struggling European economies.
Juan Forero and Michael Birnbaum suggest Greece turn to the financial histories of Uruguay and Argentina for a lesson on how to deal with its current debt crisis.
EU leaders are making plans for a Greek exit from the euro, even as Prime Minister George Papandreou scrambles to garner support for the new EU rescue package and tougher austerity measures.
Nick Malkoutzis argues that Greek Prime Minister George Papandreou's call for a popularreferendum on the debt deal is counterproductive at best and self-destructive at worst.
The Council on Foreign Relations' David Rockefeller Studies Program—CFR's "think tank"—is home to more than seventy full-time, adjunct, and visiting scholars and practitioners (called "fellows"). Their expertise covers the world's major regions as well as the critical issues shaping today's global agenda. Download the printable CFR Experts Guide.
2011 Corporate Conference: Recaps and Highlights
To encourage the free flow of conversation, the 2011 Corporate Conference was entirely not-for-attribution; however, several conference speakers joined us for sideline interviews further exploring their areas of expertise.
Former Treasury secretary Robert E. Rubin and Nobel Laureate economist Michael Spence on the global economic outlook.
Foreign Affairs editor Gideon Rose and Edward Morse on energy geopolitics.
Special operations play a critical role in how the United States confronts irregular threats, but to have long-term strategic impact, the author argues, numerous shortfalls must be addressed.
The author analyzes the potentially serious consequences, both at home and abroad, of a lightly overseen drone program and makes recommendations for improving its governance.
An authoritative and accessible look at what countries must do to build durable and prosperous democracies—and what the United States and others can do to help. More
Through an in-depth analysis of modern Mexico, Shannon O'Neil provides a roadmap for the United States' greatest overlooked foreign policy challenge of our time—relations with its southern neighbor. More