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Saving the Euro

In his essay Saving the Euro, Alexander Privitera, Washington based Special Correspondent for the German news channel N24 and frequent AICGS contributor, explains how the recent plan announced by Europe’s leaders has signaled a major shift in their view of the crisis. By recognizing some of the major issues facing Europe, EU leaders have finally shown that they are actually willing to save the euro zone.

Lurch to the Left or a Spot of Shadow Boxing? The Left Party’s New Programme and its Implications for Governing Germany

When, on 27th September 2009, Die Linke (the Left Party) polled just under 12 per cent of the vote in Germany’s federal election, it looked as if a new era …

Half-term Report for the German Government

With the current parliament in Germany half way through its normal lifespan of four years, now is as opportune a moment as any to review the performance of the federal …

The Eurozone Crisis and Implications for the United States

European leaders finally agreed to a more comprehensive plan to help bring the euro out of its current crisis. However, many experts agree that there is still much more that needs to be done to bring Europe, and the global economy as a whole, out of this mess. This week’s AICGS Advisor examines a few of the expert opinions on what still lies ahead:
Peter S. Rashish, Vice President for Europe & Eurasia, U.S Chamber of Commerce, gives his testimony before the House Financial Services subcommittee on International Monetary Policy and Trade on the U.S. implications of the euro zone crisis and what should be done to bolster trade between the two partners.

Global Re-balancing Act at the G20

Ahead of November’s G-20 summit in Cannes, France, Dr. Matthias M. Matthijs and Neil K. Shenai, Johns Hopkins University’s School of Advanced International Studies in Washington, DC, assess the changes …

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The Banking Crisis

In his essay entitled The Banking Crisis, Alexander Privitera, Washington-based Special Correspondent for German news channel N24 and frequent AICGS contributor, explains how Europe’s fiscal problems are not just the result of a sovereign debt crisis, but also a banking crisis. Any solution for Europe must focus on the financial institutions across the continent just as much as the debt problems of a number of member states.

Buying Time

In his essay Buying Time, Dr. Tim Stuchtey, Managing Director of the Brandenburgisches Institut für Gesellschaft und Sicherheit (BIGS) and Director of the Business & Economics Program at AICGS, takes a look at the underlying issues of the current financial crisis in Europe and asks whether the current model in Germany can be repeated elsewhere within the euro zone.

What Can and Must EU Leaders Achieve Ahead of the G-20 Summit?

In his essay entitled What Can and Must EU Leaders Achieve Ahead of the G-20 Summit?, Peterson Institute for International Economics Research Fellow Dr. Jacob Funk Kirkegaard posits that there is no single answer to the multitude of problems currently facing Europe. However, the upcoming EU Summits must work to take a large step forward in correcting the fiscal situation by making a number of necessary changes.

Occupy Frankfurt?

In this week’s At Issue, Executive Director Jack Janes examines the growing dissatisfaction with policy-makers and financial institutions in dealing with the current economic crisis, and how this widespread sentiment is leading populations on both sides of the Atlantic to look for a multitude of ways to vent their frustration.

The Malaise

In his essay entitled The Malaise, Alexander Privitera, Washington-based N24 Special Correspondent and frequent AICGS contributor, examines the pessimistic mood growing among the U.S. population about the current state, and future, of the economy. With confidence in the ability of the U.S. economy to rebound falling, as well as the increasing failure of leaders to act, populist movements like the Tea Party may take root in the more widespread sentiment of the American people.

Long-Term Questions for Short-Term European Strategy

In a recent essay from the German Marshall Fund of the United States entitled Long-Term Questions for Short-Term European Strategy, author Joseph Wood takes a look at the wide array of commentary on the future of Europe sparked by the current crisis. While Europe struggles to find any short-term answers, they must capitalize on this opportunity to lay out concrete plans for the future of the euro, as well as the Union.

Germans Love Europe, but Not the Euro

In a recent Op-Ed from the New York Times entitled Germans Love Europe, but Not the Euro, former German Ambassador to the United States Wolfgang Ischinger explains how Germany’s reluctance to fully embrace the euro, along with their love of the status quo, has led to their slow efforts at fixing the Union’s crisis. For Chancellor Merkel to lead Europe out of this crisis, she will need to convince Germany that any rescue measures are not simply for the currency, but for the future of the entire Union.