Eurozone Crisis Enters New Phase
Joonatan Jakobs is more optimistic about Europe’s ability to emerge from its debt crisis but many uncertainties linger.
Europe
World Anxious for Last-Minute Debt Deal
Investors are counting on American lawmakers to reach an agreement that would stave off default.
Gunman Targets Norway’s Social Democrat Party
An explosion damages government buildings in Oslo and 68 youth activists are murdered.
European Leaders Plan Second Greek Bailout
Eurozone leaders agreed to another multibillion euro bailout for Greece and an expansion of the European Financial Stability Facility.
Europe Explores Private Role in Greek Bailout
Ahead of a European summit, eurozone officials explored three different options for private sector involvement in rescuing Greece.
European Social Democrats in Crisis
The crisis was supposed to herald the demise of global capitalism. Yet across Europe, the left has been losing elections.
A “Zero Problems” Policy for Europe in Eurasia
The EU could be a facilitator between any number of powers in a multipolar world.
We Used to Fight “Wars of Whim” All the Time
Libya is not the exception. Carefully prepared interventions and conflicts are.
Europe Aims to Regulate Credit Rating Agencies
Joonatan Jakobs is skeptical whether European reforms efforts will improve competition in the credit rating market.
Rome Won’t Fall in a Day
Italy is in dire need of economic reform but the country’s fiscal woes are still a far cry from Greece’s.
The Problems of Privatization in Greece
Greece has to raise €50 billion selling off state assets.
Kicking Greece Out of the Eurozone
Would it work? What’s the risk of Greece leaving the single currency union?
Austerity Could Improve European Defense
Although America spends more on defense than Europe does, the problem is not that Europe’s defense capacity is too small.
Just How Bad Are Britain’s Spending Cuts?
Unions protest, but no “reckless” cuts have yet been made.
Greek Government Survives Confidence Vote
With little political support, Greece’s socialists have to implement a tough austerity program in exchange for financial aid.