A Five-Point Plan for Greece
If European leaders are to avoid sinking deeper into a crisis with unpredictable consequences, they must take urgent and immediate action, not debate far-reaching proposals such as a European Monetary Fund. […]
Germany
The Future of Europe and the Euro
As the Euro crisis continues to play out in Greece, troubled economies in Europe face years of slow growth and deflation unless European Union leaders overhaul fiscal and monetary policy. […]
Beware of Inflation Fundamentalism
As the Euro crisis continues to play out in Greece and other weak Euro area members, the time has come for policy makers to consider moderately raising their inflation targets. […]
Greek Crisis: A Dire Warning From Argentina and Latvia
History shows that while leaving the Euro area and defaulting would have disastrous implications for Greece and Euro area, it may become the best of bad options if Greece does not receive adequate support from the EU. […]
Greek Euro Disease
Greece is now facing a sovereign debt crisis that is calling into question the viability of the Euro itself. While there are no easy solutions to this crisis, both Germany and the IMF must provide Greece with the support it needs. […]
The Euro Under Attack
As market confidence in the Greek government debt teeters on collapse, and confidence in Portugal, Spain, and Ireland continues to erode, an urgent question has emerged: will the Euro area implode? […]
Is a Sovereign Debt Crisis Looming?
Skyrocketing government debt is emerging as a new risk to the global recovery, prompting calls for stimulus withdrawal. Sustaining growth, however, should remain policy makers’ top priority. […]
Hold the Champagne: Economic Challenges Ahead for Europe
Carnegie’s Uri Dadush and Denis Redonnet discussed how the economic crisis is affecting the EU and its member states, and how Europe can work together to create effective solutions. […]