Economy & Business

Euro-Crunch: The Grim Banker is Calling

By Julian Lindley-French

“If there is no relief, we are going straight into the abyss”. So says, Romano Prodi, one-time Italian Prime Minister and President of the Onion’s European Omission. As European Onion finance ministers gathered in Brussels to disagree about what to do over the deepening Eurozone crisis the sheer scale of the crisis and its potential […]

Five Questions with Leszek Balcerowicz

By Alexei Monsarrat

Director of Global Business and Economics Alexei Monsarrat recently interviewed Professor Leszek Balcerowicz on how Greece and Europe will resolve the debt crisis. As Polish Finance Minister in 1989, Balcerowicz instituted a wide-ranging series of economic reforms to transition that country to a market economy. His “shock therapy” is widely cited as the textbook example of how […]

Reconnecting with Europe

By Ana Palacio and Margaritis Schinas

On Wednesday June 29, the Barroso Commission presented the European Union 2013-2020 budget. The negotiations between the member states and the European Parliament have thus begun, and the process will be long and difficult. Long, because the final agreement will have to be decided unanimously in the midst of the worst financial and economic crisis […]

Mapping the Economic and Financial Future

A new Atlantic Council report summarizes two years’ worth of rich and deep discussions from our “Mapping the Economic and Financial Future” speakers’ forum. Our Global Business and Economics Program has partnered with Deutsche Bank on this important initiative to help build the intellectual foundation for understanding the financial crisis, and drive the debate on […]

The Greek Crisis: Past, Present, and Future

By Hugh De Santis

It is hard to see how the Greek crisis can end up as a positive sum game for Greece and the European Union. The Greek electorate will almost certainly not accept the hardship of endless austerity as the price to be paid for the restoration of economic solvency. Nor will taxpayers in Germany, Holland, and other […]

The Austerity Package Passes: A Greek Tragedy?

By Garrett Workman

Greece’s Parliament has just narrowly passed a €28 billion austerity package of tax increases and spending cuts: a necessary precondition for the European Union and the IMF to keep Greece on life support. So even with crushing unemployment, and the near-constant protests on the streets of Athens turning violent, Greece’s Socialist majority eked out a ‘yes’ […]

New Transatlantic Trends in Competition Policy: Report

A high-level roundtable organised by Friends of Europe, the Atlantic Council of the United States, Baker & McKenzie, the Computer & Communications Industry Association (CCIA), and the Initiative for a Competitive Online Marketplace (ICOMP) with media partners Europe’s World and MLex Market Intelligence produced this report.   Thursday 10 June 2010 – Concert Noble, Brussels Click here to download the […]