The Euro Crisis

On Topic

As governments around the world struggle to balance cutting spending and stimulating their economies, the European Union faces tough decisions on how to support faltering member countries in the eurozone. Brookings experts analyze the complex issues facing the EU and its common currency and the possible ramifications of EU bailout actions on the global economy.

A supporter of Germany's Christian Democratic Union (CDU) leader and conservative candidate for chancellor Angela Merkel holds up a placard during a party convention in the southern German city of Nuremberg. (REUTERS/Alexandra Winkler)

Blog Post

After German Election Victory, Future Coalition Uncertain for Merkel

October 7, 2013, Fred Dews

Angel Merkel's conservative Christian Democratic Union party decisively won Germany's recent parliamentary elections, but failed to capture a majority of seats, forcing the chancellor to form a governing coalition with another party. The question remains: will she be able to form a coalition and if so, with whom? Brookings's Center on the United States and Europe and the Heinrich Böll Foundation of North America recently held an event, moderated by CUSE Director Fiona Hill, to analyze Germany's direction post-election.

Recent Activity

Refine by: Europe | European Union | Global Financial Crisis | Greece

Interview

A Conversation on the Upcoming G-20 Leaders’ Summit in St. Petersburg

August 23, 2013, Kemal Derviş, Eswar Prasad and David Dollar
In the News

The approach that the Europeans have developed to tackle the crisis is essentially one that skews all the possible burden to the country under stress. And this is what the [United States] is most afraid of.
April 9, 2013, Domenico Lombardi, Washington Post
Expert Q & A | Martin S. Indyk and Javier Solana

A World in Turmoil: An Exploration of Issues Affecting Today's Global Order

April 5, 2013, Martin S. Indyk and Javier Solana
In the News

You can't just tax people in terms of their [spending] because you are not going to be able to get that $600 billion. So, the only way to go, the only wealth, was depositors and big despositors that we saw in these three large banks. They're going to have to pay the brunt of this crisis.
April 2, 2013, Bessma Momani , CTV News
In the News

If every country tries to race towards the lowest rate, then in the end nobody gains. If you believe there should be no government at all, then fine. But if you believe some government is good, then you cannot have a system that erodes the tax base in all major countries.
March 28, 2013, Kemal Derviş, New York Times
Interview | GlobalPost

What's the Big Deal about Cyprus?

March 20, 2013, Michael W. Klein
In the News

[The U.S.Treasury’s statement on a resolution for Cyprus's financial crisis shows] concern that the plan [to place a tax on bank deposits] may create instability beyond the borders of Cyprus to the rest of euro zone and even beyond the euro zone. You can read the concern between the lines.
March 18, 2013, Domenico Lombardi, Bloomberg
Expert Q & A | Domenico Lombardi

Italy's Election and the Euro Crisis

February 27, 2013, Domenico Lombardi
In the News

At this stage, the most urgent item [for Italy] is the formation of a new cabinet with a grand coalition in order to carry out the most needed reforms before returning to the polls.
February 25, 2013, Domenico Lombardi, Bloomberg
Interview | La Razón

The Rise of Anti-Politics

February 24, 2013, Carlo Bastasin