The IMF and European leaders have gotten serious about Greece's debt, says CFR's Charles Kupchan. But the crisis also raises concerns about the eurozone's unity.
Nouriel Roubini and Arnab Das of Roubini Global Economics warn that the IMF and EU should abandon their Greece bailout plans. It's too late; officials are being stubborn; time to move on and restructure Greece's debt and cut interest rates.
Rating agency S&P's decision to downgrade Greek debt to "junk" may lead to softened pre-conditions for an IMF-EU bailout and a swifter European response, says CFR's Marc Levinson.
In this online publication, The Economist looks at Greece's request for aid from the euro zone and the IMF, concluding that it will likely only provide temporary relief.
As the EU struggles with Greece's debt woes Jean-Claude Trichet, an architect of the European monetary union, finds himself sidelined and ignored, writes Brian Blackstone in the Wall Street Journal.
Speakers: Henri J. Barkey and Hugh Pope Presider: William Drozdiak
Watch experts analyze Turkey's regional relations and broader foreign policy goals including participation in Iranian nonproliferation talks and membership in the European Union.
Speakers: Henri J. Barkey and Hugh Pope Presider: William Drozdiak
Listen to experts analyze Turkey's regional relations and broader foreign policy goals including participation in Iranian nonproliferation talks and membership in the European Union.
Developed countries should embrace a stronger IMF while pressing for more equitable voting rights that would boost the institution's legitimacy, says former IMF board member Domenico Lombardi.
Watch Markos Kyprianou, Foreign Minister, Republic of Cyprus, discuss efforts in his country to forge a final resolution on the question of reunification.
Listen to Markos Kyprianou, Foreign Minister, Republic of Cyprus, discuss efforts in his country to forge a final resolution on the question of reunification.
A U.S. House panel's vote recognizing the 1915 deaths of ethnic Armenians as genocide could rupture U.S. ties with Ankara and set back Turkey's own effort to confront its past, writes CFR's Steven Cook.
Tough new measures by the Greek government to curb debt levels are likely to be welcomed by a nervous European Union, but debate persists on whether the EU will, or should, offer Greece financial assistance.
The government's expanding investigation into an alleged Turkish military plot to seize power exposes the military's declining influence as democracy gains in the country, writes CFR's Steven Cook.
New strains in the Israeli-Turkish relationship stem from Turkey's concerns over conditions in Gaza and sloppy diplomacy on both sides, says CFR's Steven A. Cook.
According to Desmond Lachman of the American Enterprise Institute, Greece is approaching the final stages of its currency arrangement. There is every prospect that within two to three years, after much official money is thrown its way, Greece's euro membership will end with a bang.
Despite improved bilateral ties between the U.S. and Turkey, there are still significant differences that need to be managed when Prime Minister Erdogan visits the White House, writes CFR's Steven Cook.
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.
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.
Two experts argue that despite myriad development strategies, only one can succeed in alleviating poverty in India: the overall growth of the country's economy. More