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Germany's Bundesbank remains an influential actor in eurozone policymaking, and its recent disagreements with the ECB raise concerns about managing the zone's debt crisis. This Backgrounder explains.
The eurozone crisis has consequences far beyond the continent's economic performance, such as the EU's ability to forge coherent defense and foreign policy.
The eurozone, once seen as a crowning achievement in the decades-long path of European integration, is buffeted by a sovereign debt crisis of nations whose membership in the currency union has been poorly policed.
Without a common policy on migration, Europe is struggling to accommodate rising levels of immigrants from Africa.
A referendum on Montenegro's independence could redraw national boundaries in the Balkans. It could also strain tensions in an already volatile region.
This collection finds that Americans and Europeans are divided by more than an ocean when it comes to designing and carrying out policies toward countries that repress human rights, develop weapons of mass destruction, and support terrorism and subversion.
Europe faces looming challenges. The authors examine the nuts and bolts of EU machinery and present a compelling argument that "ever closer union" will only be possible with greater balance and flexibility among supranational, national, and subnational actors.
G20 leaders will be tested this week to act on sovereign debt crises and potential global economic upheaval. Stewart Patrick says a proper response would be for leaders to follow their own promises from previous summits.
CFR's James Goldgeier and Charles Kupchan discuss the effect of the global financial crisis on Europe.
The eurozone crisis is expected to dominate the upcoming G20 leaders' summit, as the organization works to stay relevant and move forward on a full agenda, says this Expert Roundup.
Should a functioning government fail to emerge in Italy, the eurozone could soon find itself engulfed in another round of expensive and controversial bailouts, says CFR's Charles Kupchan.
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.
U.S. and EU policymakers see multiple signs for a free-trade deal that could stimulate halting economies on both sides of the Atlantic and spur global talks, says expert Jeffrey Schott.
Prime Minister David Cameron, weakened domestically, must try to affirm Britain's future in the EU without being entangled in new moves toward EU integration, says Chatham House's Robin Niblett.
EU leaders at this week's summit are expected to advance a banking union crucial to restoring confidence in the eurozone, but its full implementation is a long way off, says CFR's Robert Kahn.
The author examines Pakistan's complex role in U.S. foreign policy and advocates for a two-pronged approach that works to quarantine threats while integrating Pakistan into the broader U.S. agenda in Asia.
The authors assess the political, security, and economic challenges facing U.S. policymakers in Afghanistan and evaluate a range of policy options.
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.
This clear and authoritative book presents a sweeping account of China's global resource quest and the unrivaled expansion of its economy. More
The story of the tragic and often tormented relationship between the United States and Pakistan, and a call to prepare for the worst, aim for the best, and avoid past mistakes. More
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