“Who’s Picking Up This Bill?”
The struggle over sharing the burden of a weak economy in Europe has generated tension not only between countries, but also within them. Germany is no exception – the national debate about subsidies for the Länder is reflective of the larger European debate about fiscal reform.
High Drama in the High Court? ESM and Fiscal Compact in Legal Limbo
For months, policymakers and public alike could only wait with bated breath for the U.S. Supreme Court’s decision on President Obama’s health care reform law. As they pondered and deliberated …
Die Betreuungsgeld-Debatte: Implications for Integration
On June 6, 2012, Chancellor Angela Merkel’s cabinet approved a proposal that would issue financial support (a so-called Betreuungsgeld, or child care subsidy) to families who care for their toddlers …
Supervising Sovereignty: Germany’s Constitutional Court at Work
However long it takes for the Federal Constitutional Court to rule on the legality of the European Stability Mechanism (ESM), the end result will be another chapter in the interpretation …
Historical Dimensions of the Euro Crisis
Jonathan Zatlin, winner of last year’s DAAD Prize for Distinguished Scholarship in German Studies in the field of Economics at AGI’s annual Global Leadership Award Dinner, recently co-wrote an article …
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Support Our WorkAusterity – The Key to Europe’s Prosperity or the Nail in Its Coffin?
Angela Merkel, the German chancellor, is under fire. Hardly anyone likes the “German Way” of dealing with the euro crisis. But unless manna falls from heaven for Germans or we …
Nach dem Gipfel ist vor der Krise
Following the recent euro zone crisis in Brussels, Prof. Dr. Paul J.J. Welfens provides his analysis of what European leaders agreed to stem the ongoing crisis in this piece from …
Counting on the Courts
As political discussions continues to heat up on both sides of the Atlantic, especially in Washington, DC, the courts have increasingly become the deciding factor on a number of fiercely debated issues. How could this trend affect the credibility that governments are fighting ever harder to maintain with their electorates?
Prospects for National and Transatlantic Security under Austere Defense Spending
Looming on the horizon, January 1, 2013 and the beginning of sequestration’s effects are approaching closer and closer. A consequence of the Budget Control Act of 2011, budget sequestration is …
Spain, Italy, Germany Come to Deal after Euro Summit
Signaling a new direction in Europe’s efforts to stem the sovereign debt crisis, Germany, Spain, Italy, and other euro zone member states reached a deal to recapitalize Spanish banks with …