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Economic Impact of the Deutsche Börse-NYSE Euronext Merger on the EuropeanFinancial Markets

As the eurozone crisis continues to build, the possible ramifications for the U.S. of a European economic disaster, such as a Greek default, are taking center stage. While political rifts have been exposed at the hands of the crisis, so has the depth of financial interdependence between both sides of the Atlantic. A recent report on the financial impacts of the Deutsche Börse-NYSE Euronext exchange merger by Prof. Dr. Henrik Enderlein, Associate Dean and Professor of Political Economy at the Hertie School of Governance and a frequent participant at AICGS programs, shows that the overall financial stability of the U.S. and Europe are deeply interconnected, as is their standing in the global markets.

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.

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.