Europe’s Unclear Horizons
Geithner’s visit to the German island of Sylt this week to discuss plans for navigating the euro crisis clearly signals Washington’s growing discomfort with Europe’s economic situation. As AICGS President Jack Janes points out, leaders on both sides of the Atlantic are feeling the pressure to find clearer horizons amidst the turbulent economic forces battering their economies.
Draghi’s Master Plan
The President of the European Central Bank Mario Draghi disappointed financial markets on Thursday when he announced that the ECB will wait to restart its bond buying program. However, a closer look at what Draghi said during his press conference should encourage both investors anxious for quick action and skeptics in Germany alike. Draghi has a plan, but he is still resisting the temptation to let politicians off the hook.
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 …
Austerity – 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 …
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Support Our WorkHousing Beyond Profit: A Comparison of U.S. and German Alternative Ownership Models
In recent years the shortcomings of both the market and of the state in providing decent housing for everyone has become particularly apparent. On the one hand housing, until recently …
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 …
Germany and the United States at Rio +20
In planning last week’s United Nations Conference on Sustainable Development, Rio +20, organizers sought to bring together the public, private, and NGO sectors for a constructive dialogue on sustainability and …
At a Snail’s Pace
AGI Trustee John Kornblum recently published a piece in the Handelsblatt examining Europe’s response to the ongoing crisis surrounding the monetary union. According the Mr. Kornblum, while European leaders like …
