Don’t Turn NATO Into “GloboCop”
Narrowing the alliance’s focus to maintaining stability in Europe will ensure that the West sticks together.
Europe
Greek Euro Exit Would Prompt Geopolitical Realignment
Abandoned by Europe, Greece may be tempted to deepen its ties with Israel and Russia.
Greece Edging Closer to Default, Eurozone Exit
Leaving the currency union wouldn’t make things easier for them, but Greeks are increasingly likely to try.
Ukraine Urges Europe Not to Draw “Iron Curtain” Around It
Ukraine hopes to increase its domestic gas production in order wean itself of Russian influence.
Time for Compromise on Trans Caspian Pipeline
Wikistrat analysts say the time is ripe for an energy deal between Europe and Russia on Caspian Sea exports.
Far Left Risks Greece’s Expulsion from Eurozone
Leftists’ refusal to meet the conditions of Greece’s bailouts puts its future in the euro at risk.
House of Lords Reform Threatens to Split Coalition
Liberal Democrats want an elected second chamber. Conservatives are critical of reform.
Merkel, Rehn Warn Against “Debt Fueled” Growth
The German chancellor and Europe’s top economic official caution against more borrowing.
UK Independence Party Appeals to Right-Wing Voters
The Euroskeptic party’s support is growing. It might finally break through nationally.
Greece Fails to Put Together New Government
Talks to form a new coalition collapse less than a week after elections.
After Local Elections, Italians Seek Room for Stimulus
The parties that support Mario Monti lose support in local elections. Italians are tired of austerity.
Europe’s New Power Couple May Not Be That Powerful
The German and Italian leaders share an appreciation of market reforms but disagree on monetary policy.
Labour: America Shows Fiscal Stimulus Works
The British shadow chancellor urged more deficit spending because it’s supposedly been such a success in America.
Europe’s Age of Austerity Drawing to a Close?
Elections in France and Greece could thwart Europe’s emphasis on fiscal consolidation.
Sarkozy’s Final Pitch: “We Don’t Want Socialism”
The French president calls his challenger’s economic plan one of “crazy overspending.”