It's hard to love the EU – bureaucratic, legalistic, mired in gridlock. The euro crisis hasn't earned it much praise lately, either. But the EU still has vital clout. It can help force member states like Hungary to stick to democracy, rather than backslide into dictatorship.
Europe debt crisis requires immediate changes for eurozone. But Europe debt crisis has revealed deeper flaws that will be harder to fix.
A modestly higher financial transaction tax, or FTT, could discourage speculation, lead to less price volatility, and encourage long-term investment. One estimate projects such a 'sales tax' on Wall Street may raise $175 billion a year, even if it cut the total number of transactions in half.
The European Union is debating how best to handle the issue of conflict minerals. International Crisis Group says it should not merely follow in the United States' footsteps, but go further.
Slovakia's vote against expanding the European bailout fund presents an unwelcome obstacle to solving Europe's debt crisis. It also caused the fall of the tiny country's government.
But that hasn't dampened calls from critics who worry that centralizing European Union fiscal policy would impinge on national sovereignty – and possibly even worsen the crisis.
The European Union yesterday imposed a four-year deadline on member countries to come up with plans for facilities to permanently store their spent nuclear fuel.
Hu Jia, a prominent Chinese political activist, was released after 3-1/2 years in prison. Under the terms of his release he will not be able to speak to media for one year.
Europe's inability to zero-in on the cause of an E. coli outbreak, which has been blamed for 23 deaths, has politicians pointing fingers and experts calling for more effective crisis management.