Merkel’s recent visit to China was meant to assure Chinese risk-averse leaders that Europe is back on track. But the visit was also a part of the mosaic that makes up European foreign policy towards China.
Germany's minimalist approach to fixing the eurozone crisis is not only leading to ever more bailouts. It is also harming the rest of the eurozone because Germany's 'ordoliberalism' is too inflexible to provide a coherent answer to the crisis.
After a frenetic 2011, what are the big trends that are going to shape Europe and the wider world in 2012? Here are ten that ECFR experts think are likely – and one widely predicted trend that we don't think will happen…
The only real success of the euro summit was that it might encourage the ECB to step up its role in the euro area. But years more austerity and a major rift with Britain are a high price the whole euro zone will have to pay for German ideology.
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