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Curated by Project Syndicate

Sticking with the Banking Union

14 commentaries

The eurozone's sovereign-debt crisis both reflects and reinforces a banking crisis, most glaringly in Spain, but also in Italy, Ireland, and Greece. By instituting a common regulatory framework, the European Commission's proposal for a eurozone-wide banking union aims to sever the link between public debt and banks' solvency. Will it be enough to bring long-term stability to the eurozone?

  1. benami154_Yousef MasoudSOPA ImagesLightRocket via Getty Images_palestine Yousef Masoud/SOPA IMAGES/LightRocket via Getty Images

    Forgetting Palestine

    Shlomo Ben-Ami

    The two-state solution is virtually dead in the water, and the international community has largely abandoned the Palestinian cause. At this point, there is little to stop Israel from cementing the one-state reality that its right-wing government has long sought, regardless of whether that leads to a permanent civil war.

  2. sachs313_SebastionBozonAFPGettyImages_EUflagtrump Sebastion Bozon/AFP/Getty Images

    Europe Must Oppose Trump

    Jeffrey D. Sachs

    European leaders should recognize that a significant majority of Americans reject Trump’s malignant narcissism. By opposing Trump and defending the international rule of law, Europeans and Americans together can strengthen world peace and transatlantic amity for generations to come.

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