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 …
Europe’s Tightening Window of Opportunity
Joining the growing number of high profile warnings on the future of the European and world economies, World Bank researchers gravely take note of the euro zone’s eroding gross domestic …
Romney Electioneering Abroad at Odds with Trending Approach in Europe
Determining the economic policy approach of the United States for the next four years, Americans have the opportunity in November to remain with President Barack Obama or switch to Republican …
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 …
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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 …
Overcoming the Euro Crisis
The euro crisis has come to a preliminary halt following the two massive liquidity injections by the European Central Bank (ECB) in December 2011 and February 2012. However, these ECB …
The Rise of China: Implications for the Transatlantic Relationship
China’s Importance for the Transatlantic Relationship How does the rise of China affect the transatlantic relationship? The United States and European Union are increasingly shifting their attention toward China as …
The Growth Compact
The President of the European Central Bank (ECB) was in heavily fortified Barcelona, Spain today. I believe it is the first time in the history of the ECB that it …
Nuclear Energy in the U.S. and Germany: Weighing the Risks
Issue Brief 42 Energy and climate policy in the U.S. and in Germany seem to be miles apart. In 2011, Germany decided to phase-out nuclear, whereas in early 2012 the …
The Decentralization of the Electricity Grid – Mitigating Risk in the Energy Sector
Introduction Natural disasters like Hurricane Katrina in the U.S. in 2005 and the earthquake off the coast of Japan in 2011 (which resulted in a devastating tsunami and the nuclear …
