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All items tagged CrisisOpen Think Tank ArticlesSeptember 26, 2011 | Greece and Italy Must Abandon Their Old WaysClemens Wergin: Why should German taxpayers be forced to pay for a debt crisis caused by tax evasion and corruption in Greece and Italy? Solidarity is not a one-way street and the German public should expect the Greek and Italian governments to take the blame for the economic mess and initiate much-needed reforms. ... MoreGlobal Must Read ArticlesMarch 5, 2012 | America and the Next Phase of the Eurozone CrisisThe common denominator in the Eurozone crisis today is a lack of individual economic statesmanship and not simply the embeddedness of banking institutions. ++ Contrary to popular belief, America could afford to both pivot towards Asia and intervene in Europe. ++ It is likely that the US believes that these are problems pertaining to democracy, governance and sovereignty, and must be solved ... MoreJanuary 12, 2012 | Helping Iran Weather the StormChina’s position over a possible Iran war is difficult as China has huge oil interests at stake. ++ China should not expect Russia to act on the issue and needs to act in accordance with its own interests. ++ If the US sanctions Chinese companies for trading with Iran then the Chinese government should take countermeasures. ++ Opposing an Iranian war need not lead to conflict between the US and ... MoreOctober 28, 2011 | "Europeanizing Europe"The EU’s inherently weak internal structure is not suited to deal with the current financial crisis and threatens to bring an end to European integration. ++ A collapse of the monetary union would be a death sentence for the EU as a whole. ++ The EU must evolve from an organization based on common principle to an EU government with real political power. ++ Unless the Europeans act quickly to ... MoreJanuary 13, 2009 | The EU in the Midst of the Gas WarHeavily dependent on Russian gas, the EU has found itself obliged to arbitrate the Russian-Ukranian dispute in order to see its supplies maintained. ++ The difficultly reached agreement under the Czech presidency of the EU, which paves the way for the resumption of Russian gas supplies to Europe, has, however, failed to find a definitive solution on the gas prices. ++ As a consequence, the deal ... MoreJanuary 7, 2009 | Economic Package: Testing the New AdministrationThe stimulus package needed to combat the economic downturn is a source of concern as its experimental character deprives it of any guarantee of success. ++ Due to the acuteness of the crisis, measures taken ought to be immediate rather than exhaustive and have a provisional character. ++ The next weeks will be a test for the new Congress and administration that bear the difficult task of ... MoreCommentsSeptember 13, 2011 | Volume of real estate market in some...February 13, 2009 | How determined Europe will be to follow these... |
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