Research

Euro

Eurozone policy-makers are playing with fire

Simon Tilford
15 November 2010
There is an awful inevitability about the latest instalment of the eurozone crisis, which looks highly likely to culminate in Ireland being forced to seek a bailout from the European Financial Stability Fund (EFSF).
Europe dances to Germany's tune

Europe dances to Germany's tune

03 November 2010
For much of this year, the response of European leaders to the eurozone crisis has been hesitant and fractious. But when the European Council met in Brussels on October 28th and 29th, the EU appeared to be acting with greater purpose and sense of direction.
Britain's defence review: Good news for European defence?

Britain's defence review: Good news for European defence?

Clara Marina O'Donnell
28 October 2010
On October 19th, the UK's coalition government published its 'strategic defence and security review' (SDSR), laying out the future shape of Britain's armed forces. As was to be expected at a time of budget austerity, the SDSR foresees significant cuts in military capabilities.
Why Germany is not a model for the eurozone

Why Germany is not a model for the eurozone

Philip Whyte
22 October 2010
Many Europeans believe that confidence in the eurozone is best restored by turning the region into a larger version of present-day Germany. However, Germany is not the world-beating economy of current myth.
What currency wars mean for the eurozone

What currency wars mean for the eurozone

Simon Tilford
15 October 2010
The dollar has now fallen to $1.40 against the euro. This is still below the low of almost $1.60 that it reached in the middle in July 2008, but it represents a steep decline from under $1.20 in early June. Moreover, the US currency is likely to weaken further.
Ukraine turns away from democracy and the EU

Ukraine turns away from democracy and the EU

Tomas Valasek
15 October 2010
Ukraine is turning inwards and becoming increasingly authoritarian. The new president, Viktor Yanukovich, has taken steps to muzzle independent media, harass critics and sideline the opposition.
The EU should be much bolder on energy efficiency

The EU should be much bolder on energy efficiency

Stephen Tindale
12 October 2010
The most pain-free way for European governments to fight climate change is to use energy more efficiently. At a recent energy conference hosted by the European Commission, it struck me that the EU still has a poverty of ambition when it comes to energy efficiency.
Europe and the Middle East - perspectives on Major Policy Issues

Europe and the Middle East - perspectives on Major Policy Issues: What does the future hold for the EU’s efforts in the Middle East?

Clara Marina O'Donnell
08 October 2010
Al Siyassa Al Dawliya/European Commission
The Middle East has been a region of major importance to the EU for decades; however, member-states have struggled to fulfil their objectives of supporting peace, prosperity and good governance amongst their southern neighbours.
Divisions remain over euro reform

Divisions remain over euro reform

Katinka Barysch
08 October 2010
Europeans agree that the management of the euro must be improved to prevent future crises, or deal with them better if and when they happen.
US-EU

The midterm elections, Europe and US foreign policy

Tomas Valasek
01 October 2010
Though Barack Obama remains popular in Europe, he has his detractors there, particularly among foreign policy professionals.
The EU's new supervisory architecture

The EU's new supervisory architecture - evolution or revolution?

Philip Whyte
01 October 2010
In early September EU finance ministers approved the Commission's proposals for reforming the EU's supervisory architecture for financial services.
The political consequences of the euro crisis

The political consequences of the euro crisis

Katinka Barysch
01 October 2010
The eurozone crisis is changing the way the EU works. It is reinforcing a number of trends that had already been visible over the last decade or so: a shift towards a Union in which governments are in the driving seat, large countries matter more than small ones, and more decisions are taken by subsets of member-states.
Immigration: Why Brussels will be blamed

Immigration: Why Brussels will be blamed

Hugo Brady
27 September 2010
Liberal Sweden elects an explicitly anti-immigrant party to parliament for the first time. France's president and the European Commission lacerate each other in public over deportations of Roma.
Observations from Russia

Observations from Russia

23 September 2010
On a recent trip to Russia, I found that the momentum for reform, very evident last year, has dissipated. The more encouraging news is that Russia’s leaders are trying to be civil to Americans and Europeans.
How to save the euro

How to save the euro

Simon Tilford
14 September 2010
Current efforts to reform the eurozone are set to fall dramatically short of what is required to secure the future of the single currency. Poor economic growth prospects, rather than fiscal ill-discipline, lie at the heart of the currency union's problems.
Turkish politics and the fading magic of EU enlargement

Turkish politics and the fading magic of EU enlargement

Sinan Ulgen
07 September 2010
Open hostility towards Turkish accession in some EU countries has made it hard for Turkish politicians to continue preparing the country for membership.
Has Germany become Europe's locomotive? thumbnail

Has Germany become Europe's locomotive?

Philip Whyte
02 September 2010
The German economy has been growing exceptionally strongly of late. In the second quarter of 2010, it expanded faster than any other economy in the G7 and faster than at any time since the country’s reunification in 1990.
How should Europe respond to sovereign investors in its defence sector?

How should Europe respond to sovereign investors in its defence sector?

Clara Marina O'Donnell
01 September 2010
A small number of sovereign investors, sometimes originating from non-democratic states, are buying shares in European aerospace and defence companies.