Credit Ratings for Seven German Banks Downgraded
On Wednesday, the international agency Moody’s downgraded the credit rating for seven German financial institutions. Commerzbank AG, Germany’s second largest bank, stands among the downgraded financial institutions. Some experts contend …
Educational Equity for Immigrants in Germany
The German and American public education systems differ substantially. American students who attend public high schools can enroll in classes in a wide range of subjects. Regardless of whether they …
Rajoy’s Cautionary Tale
More than anybody else Spanish Prime minister Mariano Rajoy embodies what many euro zone members nation’ leaders are going through. Caught in a purgatory, suspended between the proud defense of national sovereignty, the need for Euro zone financial solidarity and the powerful drift towards closer political integration, he is struggling to find the right balance and avoid catastrophe. After months full of missteps, even the proud Spaniard seems to have finally realized that there will be no safety for his country without further transfers of power towards Brussels.
More Europe
Angela Merkel wants more Europe. Despite the widespread skepticism among Germans about many of their European partners and their ability to measure up to German standards of fiscal responsibility, the …
A Volkswagen “Pivot” toward China?
In 2011, Volkswagen AG (VW) delivered 2.3 million cars in China, accounting for 27 percent of its total sales by volume. The importance of the Chinese market to VW, coupled …
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Support Our WorkVolkswagen Outpaces Economic Forecasts While Southern European Car Sales Dwindle
This week, Volkswagen (VW) announced wage increases for over 100,000 workers in six of its plants in western Germany. Representatives of IG Metall and upper management of VW reached this …
A New Narrative about Stability and Growth in the European Union
Executive Director Jack Janes discusses the challenge of securing stability and growth in the European Union amid tough economic challenges, and the need for a new narrative about the meaning of both for the future of Europe.
Redemption Fund or Eurobonds?
Judging from what the media have made of the latest gathering of European leaders in Brussels, it came close to a disaster. No decision about Eurobonds or growth was taken. …
Romney’s Foreign Policy – A Cause for Concern?
With topics of debate in this year’s U.S. presidential race shifting away from a predominantly economic focus, AICGS Non-Resident Fellow Dr. Klaus Larres examines the foreign policy approach of presumptive Republican nominee Mitt Romney.
European Hegemon or Transatlantic Free Rider? Contending Perceptions of German Foreign Policy
AICGS Non-Resident Fellow Christian Tuschhoff examines the opposing viewpoints toward Germany in the context of its role in the European Union and NATO. Many partner nations are criticizing Germany for putting its national interests above common goals. According to Dr. Tuschhoff, Germany must do more to assuage these partner nations’ concerns.
Nach den Landtagswahlen in Schleswig-Holstein und Nordrhein-Westfalen: Was bedeuten die Ergebnisse für die Bundespolitik?
Im Kanzleramt in Berlin ist man bemüht, die Bedeutung der beiden Landtagswahlen am letzten und vorletzten Sonntag herunterzuspielen. Die Ergebnisse gefallen der Union nicht, verständlicherweise. Aber natürlich haben die Resultate …
Cameron Phones the Mainland
He has done it again. British Prime Minister David Cameron has publicly voiced his deep concerns about the euro zone. London now openly fears a breakup of the common currency …