Merkel’s Next Crisis

AM Joschka Fischer

With Europe bogged down by the financial crisis and its national governments failing or being voted out of office across the continent, Germany has looked like an island of prosperity and stability. Chancellor Angela Merkel has appeared to be the embodiment of the new strength of old Europe’s problem child, a country admired by some [...]

Is Angela Merkel’s Euro Strategy finished?

henning-147x166

I think there are some good reasons to believe that something has got to give very soon. It looks like the wheels are coming off the Eurocrisis strategy of kicking the can down the road and throwing crisis countries into a recession/depression. I won’t repeat the reasons for why austerity is wrong – numerous authors have done this on SEJ [...]

Can Europe change?

Irvin

For those who have watched the Greek people humiliated by the troika’s ever more strident calls for austerity, it is easy to despair about ever seeing any real political change in a Merkozy-dominated Eurozone. But things may soon improve. Consider the following points. First, Europeans are beginning to wake up to the reality of ‘austerity’ [...]

Merkozy: Transnational Democracy in the Making?

Ulrike Guerot

Angela Merkel’s announcement that she will actively support Nicolas Sarkozy in the upcoming French presidential elections came as a surprise to many. And although I have not been a staunch supporter of Merkel’s European policy, I am convinced that she is doing the right thing. But I was also irritated that many Germans felt alienated and spoke [...]

The End of the Franco-German Axis

Collignon

Angela Merkel has made her choice: “I support Nicolas Sarkozy on all fronts,” she told reporters in Paris. This is not surprising. It is “perfectly natural” to support fellow conservatives, she explained. Yet, this alliance is dressed in historic terms: “It’s about the big responsibility we have, the construction of Europe. We are surrounded by [...]

Reinventing Europe: Brigid Laffan

laffan

As part of ECFR’s ‘Reinvention of Europe’ project, we are running a series of responses from leading thinkers and academics to Mark Leonard’s recent paper,‘Four scenarios for the reinvention of Europe’. The paper outlined four possible routes towards solving Europe’s current crisis, and argued that Europe’s main challenge was to solve the acute euro crisis without exacerbating [...]

Germany in Europe: A European game change?

Ulrike Guerot

It is not easy to detect where the euro debate stands after coming back from a holiday in India. In fact the euro crisis was hardly mentioned in the The Hindu, one of the most important Indian newspapers. However, I think there is a tangible game change happening this year. Still, we are faced with many [...]

Austerity vs. Europe

javier solana

It is now increasingly clear that what started in late 2008 is no ordinary economic slump. Almost four years after the beginning of the crisis, developed economies have not managed a sustainable recovery, and even the better-off countries reveal signs of weakness. Faced with the certainty of a double-dip recession, Europe’s difficulties are daunting. Not [...]

Irish Voters are unlikely to endorse a European Austerity Treaty in 2012

Nat

Irish democracy may become Europe’s focus in 2012, if the Merkel-Sarkozy ‘stability and growth union’ proposals are put to a vote of the Irish people. Any change to the Constitution of Ireland requires a referendum. The Irish Attorney General will examine the final wording of the fiscal compact in March before advising whether these proposals [...]

Merkel’s Autobahn to Disaster: by Stefan Collignon

autobahn

The Euro crisis may soon be over. This is what German Finance Minister Schäuble thinks and his view is finding an echo among a growing community in the financial markets. But is it true? For Chancellor Merkel and her followers, we are experiencing a debt crisis caused by irresponsible fiscal policies. Their remedy is therefore [...]

The European Paradox: Brussels Must Become More ‘European’

Cuperus 1 (1)

Yet again historians, sociologists, cultural studies academics, and political scientists betray their academic duty. Previously they’ve shied away, in numbers far too big for comfort, from the problems of immigration, integration and Islam. They became traitors to their own expert knowledge on human society by failing to, in a timely and loud fashion, single out [...]

Kanzleramtology

hans-kudnani-2

The euro crisis has made Germany so important that anyone interested in the future of Europe – or even in economies outside the eurozone like the UK – now has to spend a lot of time trying to understand German thinking. As discussions continue about the details of the “fiscal compact” that will be agreed at the European [...]