Sunday, March 1, 2015
  1. The Costs of Grexit

    Jean Pisani-Ferry

    The Costs of Grexit


     warns that Greece's withdrawal from the euro would not go as smoothly as many now seem to assume.

    Greek exit sign MPD01605/Flickr

    From Greece's perspective, leaving the euro would be highly disruptive, which explains why there is very little support for it in the country. But there is very little agreement outside Greece about how a Grexit would affect the rest of the eurozone. READ MORE

  2. The Perilous Politics of the Euro

    Andrés Velasco

    The Perilous Politics of the Euro


     wonders whether the common currency will abort the political union that it was meant to advance.

    Euro currency Kevin Harber/Flickr

    The jury is still out on whether Greece will manage to avoid default, remain in the eurozone, and reverse the brutal contraction of its economy. But any fair panel already would have issued a verdict on the political consequences of the common currency: utter failure. READ MORE

  3. Europe’s Sovereignty Illusion

    Javier Solana

    Europe’s Sovereignty Illusion


     calls out European leaders who believe that purely national solutions are still possible.

    Column people illusion Tinou Bao/Flickr

    The European Union has taken democratic integration – driven by the free will of its members, rather than military force – to unprecedented levels, securing its place at the forefront of institutional innovation. But today, sentiment in the EU seems to lean toward “conflict," rather than “cooperation." READ MORE

  4. China’s Dual-Track Challenge

    Andrew Sheng, ET AL
  5. The DNA of German Foreign Policy

    Frank-Walter Steinmeier

    The DNA of German Foreign Policy

     defines the three main external challenges facing Europe's largest economy.

    Merkel Germany sitting Jim LoScalzo/ZumaPress

    The basic tenets of Germany's foreign policy – close partnership with France within a united Europe and a strong transatlantic alliance in terms of both security and economic cooperation – have withstood the test of time. But now Germany must address three key challenges: crisis management, the changing global order, and its position within Europe. READ MORE

Focal Point

268 pages
268 pages

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