The Cypriot crisis has made it brutally clear just how bad misgovernment with the EU – and the eurozone – really is. The only way to fix this is for genuine banking, fiscal, and economic union within the eurozone, backed by legitimate political instruments.
The latest Eurobarometer figures are showing clearly what the election results have been hinting at: hit by the crisis, Europeans have lost their confidence in the EU. After having saved the euro, we must rescue the legitimacy of the EU.
In foreign policy the UK is already far more involved in Europe than its disengaged image would suggest. ECFR's European Foreign Policy Scorecard suggests that the UK is up there with Germany and France as a leader in European foreign policy.
Like Greece, Spain and Germany, Britain now faces a cathartic moment when it needs to decide what price it is worth paying to stay in the European Union: coolheaded rationality must prevail over emotion
Cameron's EU speech is a bad miscalculation that underestimates how much the world has changed, and how much Britain needs Europe if it is to retain an influential voice in global affairs.
2012 saw continuing crisis in the eurozone, growing Euroscepticism and populism in some corners of Europe, faltering transitions in Egypt and elsewhere, more violence in Syria, a new leadership in China, and both Putin II and Obama II. So what will 2013 hold?
As part of the ’Reinventing Europe' project, ECFR is publishing a series of papers on the national debates within EU member states over the crisis and the future direction of Europe. In the thirteenth of the series Teresa de Sousa and Carlos Gaspar analyse the situation in Portugal.