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.
REUTERS/Yannis Behrakis - A frayed EU flag flutters atop the Greek Ministry of Finance in central Athens February 24, 2015.
Europe’s sovereignty illusion
February 28, 2015, Javier Solana
Javier Solana writes that is time for countries to abandon the notion that there is some magical form of sovereignty that will allow them to escape their responsibilities as EU members without incurring serious costs.
Global Financial Crisis
Testimony | Subcommittee on TARP, Financial Services and Bailouts of Public and Private Programs of the House Committee on Oversight and Government Reform
December 15, 2011, Douglas J. Elliott
Testimony | House Subcommittee on International Monetary Policy and Trade
October 25, 2011, Douglas J. Elliott
Testimony | Subcommittee on Security and International Trade and Finance, Committee on Banking, Housing, and Urban Affairs, United States Senate
September 22, 2011, Domenico Lombardi
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From Exit to Recovery?
Michael Mitsopoulos and Theodore Pelagidis, June 13, 2014
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The Brookings Institution
Douglas J. Elliott
Fellow, Economic Studies, Initiative on Business and Public Policy
Vice President and Director, Global Economy and Development
The Edward M. Bernstein Scholar
Director, Project on International Order and Strategy
Fellow, Foreign Policy, Project on International Order and Strategy
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