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Euro Stabilization: problems, eurobonds, political union perspectives

The EU Summit of 21 July 2011 has brought considerable adjustment impulses for the stabilization of the euro-zone. At first sight, the main problem is sovereign debt financing of Greece, Ireland, and Portugal—the three countries that benefit from euro-zone rescue packages—but, in fact, the bigger issue is a series of broader challenges for EU integration and institutional reforms in the euro-area.

Elections in Mecklenburg-Vorpommern

The results from last Saturday’s parliamentary elections in the German state of Mecklenburg-Vorpommern won’t have any major  consequences for Angela Merkel’s governing coalition, or Europe for that matter, argues AICGS contributor Dr. Dieter Roth. Voter support for Germany’s far-right National Democratic Party (NPD), on the other hand, should not be overlooked.

All Eyes on Berlin

With the euro-zone fully entrenched in economic crisis, Europe’s leaders are scrambling to avoid contagion reaching some of the area’s largest economies, notably France and Italy. With the measures taken thus far having failed to calm market nerves, the focus will be shifting to Germany and its Chancellor, Angela Merkel, to lead the euro-zone back to greener pastures, according to AICGS Non-Resident Fellows Dr. Norbert Walter, Dr. Paul J.J. Welfens, and Dr. Klaus Deutsch, as well as frequent AICGS contributor Alexander Privitera.

The Digital Society

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A Continent, Sinking

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A Break in Bickering? Time off from Tantrums

In this week’s At Issue, Executive Director Dr. Jackson Janes discusses the frustrations of voters and their leaders as they both head into a time to perhaps help temper tensions during the coming weeks.

Controversy over German Military Sales to Saudi Arabia

In a highly controversial move, the German parliament has agreed to sell 200 Leopard II tanks to the Kingdom of Saudi Arabia. While Germany has claimed to have consulted the …

Kommunale Integrationspolitik

Former DAAD/AICGS Fellow Dr. Scott Stock Gissendanner writes that a paradigm shift has occurred in the national framework for local integration policies, resulting in a higher level of policy standardization at the local level. In an essay that was supported by research completed during his stay at AICGS, Dr. Stock Gissendanner argues that as communities try to integrate immigrant populations, the goal is for full integration with permanent residence, a goal which comes from centralized planning at the federal level. This essay originally appeared in the February 14, 2011, edition of Aus Politik und Zeitgeschichte and is available in German only.

Europeans Expecting German Leadership

As the euro saga unfolds, one thing is becoming clearer: The structure surrounding the euro has its weaknesses, but the crisis is not really about the currency at all. The current crisis is as much a crisis of EU governance and political mentality as it is of the economic policies of Greece or the ECB, argues AICGS Trustee and former U.S. Ambassador to Germany John Kornblum. A version of this essay originally appeared in the June 20, 2011, edition of Handelsblatt.

The Nuclear Power Endgame in Germany

As the era of nuclear energy approaches its end in Germany, the country can show how fast the shift to renewable energy can be achieved, writes R. Andreas Kraemer, Director & CEO of the Ecologic Institute in Berlin and co-author of AICGS Policy Report 31. In an essay that examines the history of the German anti-nuclear power movement and discusses the future of German alternative energy, Kraemer argues that Germany can realistically achieve 100 percent reliance on renewable energy and be the model going forward for other nations in a relatively short time frame. A version of this article originally appeared in The San Francisco Chronicle.

Doha or Dada

Klaus Deutsch, Deutsche Bank Research, provides an analysis on the Doha Round in the World Trade Organization and what the consequences could be if the world’s major trading partners fail to reach any agreement before the talks will presumably end.

Berlin und Paris sind genauso verantwortlich wie Athen

While Greece certainly deserves its share of the blame for the euro crisis, Germany and France are also responsible to a large extent, argues Olaf Gersemann, economics columnist for Die Welt and a regular contributor to the Advisor. Gersemann contends that by acting in the name of monetary integration, Germany and France pushed Greece and others into living beyond their means via the strength of the euro, leading to the current crisis. This essay appeared in the June 19, 2011, edition of Welt am Sonntag and is available in German only.