- CommentaryJul 14, 2015
And the answer is … €86 Billion. In a previous Commentary, we posed the question – what is the price of European solidarity?
- CommentaryJul 10, 2015
In true “one minute to midnight” style, the new Greek bailout proposal arrived in Brussels yesterday, having advanced from handwritten notes on a hotel notepad by the new Greek finance minister to a formal, 13-page, 53.5 billion euro, three-year bailout request in a mere two days.
- CommentaryJul 10, 2015
On July 9 President Recep Tayyip Erdogan finally asked the Justice and Development Party (AKP) leader Prime Minister Ahmet Davutoglu to try to form a new government.
- CommentaryJul 6, 2015
In a high-stakes week, the Greek people have now spoken and 61.3 percent have said “no” to creditor demands for reductions in pensions and increases in taxes.
- CommentaryJun 29, 2015
Over the last 48 hours we have seen a dramatic turn of events in the five-plus-year saga between Greece and its creditors. The last minute compromises and referendum threats made over the past several years have de-sensitized governments, markets, and Europeans to the possibility of an actual Eurozone exit.
- NewsletterJun 29, 2015
The Russian city of Ufa is coming up on summit season. From July 7 to 10, the city will play host to both the BRICS and Shanghai Cooperation Organization (SCO) summits.
- CommentaryJun 26, 2015
The future of European defense was very much in the headlines this week as U.S. defense secretary Ash Carter visited Germany, Estonia, and Belgium to attend a meeting of NATO defense ministers. Secretary Carter’s speeches and meetings this week were all part of an effort to take stock of and augment NATO’s efforts to defend against and deter Russia.
- CommentaryJun 17, 2015
Since his victory in Greek elections on January 25, the message conveyed by Greek Prime Minister Alexis Tsipras has been consistent: he will put an end Greece’s “humiliation” caused by its creditors and their imposed austerity measures, and Greece will remain in the European Monetary Union.
- CommentaryJun 8, 2015
The 41st meeting of the Group of (once again) Seven countries in Germany has come to an official end. The tightened security presence and bands of protestors have begun to dissipate as the Bavarian Bürgermeisters and local citizens sigh with relief.
- NewsletterMay 28, 2015
Chancellor Angela Merkel of Germany will welcome her peers from the world’s largest advanced democracies to the Bavarian luxury hotel of Schloss Elmau on June 7 for the annual G7 summit. The event is likely to prompt some useful debate and modest announcements on a lengthy agenda of political and economic challenges.