Topic: Centre for European Reform

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Europe to Germany: your eurocrisis 'answers' don't work for us

As prosperous Germany reshapes Europe's fiscal operating system to fit the German doctrine of austerity, questions and warnings are on the rise.
Greece begrudgingly cedes sovereignty in exchange for bailout funds

The conditions the European Union set for Greece in exchange for a second bailout represent a very unusual amount of outside control and oversight of a sovereign country.
The Greek debt conundrum, explained

The Greek parliament will vote on further austerity measures Sunday – the latest effort to alleviate a crisis that has careened between an EU bent on austerity and a resistant Greek public.
Will the EU really turn to growth?

It is considered progress that European Union leaders are discussing growth after two years of focusing almost exclusively on austerity, but actual growth strategies are still in short supply.
Cameron's EU veto stirs discontent (VIDEO)

British Prime Minister David Cameron today defended his veto of greater EU fiscal integration as a protection against London's financial sector.
Europe's new fiscal union: how big a step out of crisis?

Angela Merkel and Nicolas Sarkozy have proposed a pact to form a European 'fiscal union' with strict financial rules in parallel with the EU. But Britain has balked, leaving it the odd man out.
For Greek PM, political reality trumps fury of Sarkozy, Merkel

Greek PM Papandreou got the backing of his cabinet to hold a referendum on EU bailout terms. He meets today with France's Sarkozy and Germany's Merkel, who have said renegotiating is not an option.
Greek bailout – and Papandreou's premiership – in jeopardy

The Greek bailout isn't the only thing in doubt after Prime Minister George Papandreou said he will put what Europe took to be a done deal to a referendum. His government could fall this week.
Global News Blog
NATO operation in Libya ends after 7 months, could it be a model?

Some see the end of the NATO operation in Libya as a moment for Europe to step up with more robust support of the alliance. The US remains skeptical.
Europe debt crisis: Some fixes will take years

Europe debt crisis requires immediate changes for eurozone. But Europe debt crisis has revealed deeper flaws that will be harder to fix.
Germany plays catch-up after being on sidelines of NATO's Libya campaign

Germany's government now appears eager to make loans, unfreeze Libyan assets, and commit itself to aid for Libya, but a growing list of critics is saying it's all too little, too late.
Could NATO's Libya mission be its last hurrah?

With the austerity gripping Europe and a new generation of leaders not shaped by cold-war politics, NATO's future is increasingly in question.
Sarkozy, Merkel reach deal on Greece bailout cash

Germany and France reached an agreement that should see a desperately needed Greece bailout move forward.
Germany – the new mini-superpower

As its economic clout rises, Germany sheds its postwar identity, becoming more assertive in Europe and the world.
Europe puts limits on banker bonuses

The European Parliament passed a bill today that would cap and defer financial traders' and bankers' bonuses, giving Europe the toughest regimes in the world. The caps are a backlash against the global financial meltdown, and the bonuses that followed.
Can the European Union survive the debt crisis?

As differences persist over how to handle the debt crisis, momentum builds among European Union nations to either drop the euro or form new currency alliances.
Greek debt crisis: pushing more European integration?

As the Greek debt crisis rolls on, some in Britain worry that the crisis is being used to undermine economic sovereignty and pushes European integration further.
Greece bailout: What's the future of the euro?

The Greece bailout package agreed to by European leaders and the International Monetary Fund last week decreases the likelihood of a Greek government default. But the wrangling over the bailout -- and the steps that left Greece in a financial hole -- raise questions about the prospects for the stability of the euro.
Eyeing Israel, EU condemns identity theft in Dubai assassination

The European Union (EU) on Monday denounced the forgery of European passports used to set up the Dubai assassination of a senior Hamas militant. The EU stopped short of admonishing Israel.
Sarkozy rhetoric over EU 'win' fuels Anglo-French war of words

French President Sarkozy tagged London a big loser after the EU appointed a French finance chief. London fears greater 'meddling' in its financial services industry.
At G-20, leaders look to save economy – and their own jobs

The global crisis has led to political upheaval in many countries, unseating three prime ministers in Europe alone.
Eastern Europe’s fall puts Continent on edge

Latvia’s collapse and the sinking East is hurting Western banks, and the ideals of unity.
Corruption in Bulgaria tests EU expansion

Frustrations mount over Bulgaria – the most violent, corrupt, and poorest of EU members. Aid is being withheld as reform promises are made (and broken). Can it be fixed?
Europe's financial crisis is spreading eastward

Hungary and Ukraine received emergency loans from the IMF Sunday. Belarus and Serbia are asking for help, too.