The European financial crisis has refocused the debate on the nature of Europe’s political union. Emma Bonino and Marco de Andreis make the case that a ‘lite’ version of federation may provide a viable and practical solution to the euro crisis.
The coming season of grand international summits means the problems of the Eurozone will once again be thrust upon the global stage. But at least this time European leaders don't have to worry about Silvio Berlusconi.
How does the Fiscal Compact shape fiscal policy and austerity in the euro area and what can be done to make austerity in Europe less brutal? The development of a meaningful 'Growth Compact' may provide the best way forward.
Citizens across Europe are being asked to replace politics and economics with a sheer act of faith in austerity. But it's clear that they are starting to feel the need to stop this nonsense, and European leaders need to take this seriously.
The prospect of a victory by François Hollande may be causing nervousness in Berlin and elsewhere, but the socialist candidate in the French presidential elections is a natural compromise-builder, and Europe should have no real reason to fear his victory.
As France votes in the first round of its presidential elections, the French people have been denied an analytically, politically honest and comprehensive engagement by the politicians with the real issues at hand in France and Europe.
As part of the ‘Reinvention of Europe’ project, ECFR is publishing a series of papers on the national debates within EU member states about the crisis and the future direction of Europe. The second paper in the series examines the Czech situation.
Understanding how Berlin thinks is now more important than ever. If EU leaders want Angela Merkel to listen to calls for growth, they first need to understand her economic mindset which is deeply rooted in a concept known as 'ordoliberalism'.
The ECFR Scorecard 2012 shows that Europe's power is waning – and if the continent doesn't get its act together soon, it could put the global order in serious jeopardy.
The lack of a defined European response to the current crisis is forcing EU member states to renationalise their own foreign policy, rather than forge common positions. This new age of geoeconomics carries a hidden cost for Europe in the long run.