International Financial Institutions

The European Financial Stability Mechanism – A Firewall for the Eurozone and First Line of Defense for Global Financial Stability?

By Global Business & Economics Program

On April 20, the Atlantic Council’s EuroGrowth Initiative hosted Mr. Klaus Regling, Managing Director of the European Stability Mechanism (ESM), to discuss the role of the ESM in preserving global financial stability and promoting growth in the eurozone.

A Private Roundtable Discussion with European Commission Vice President Valdis Dombrovskis

On April 21, the Atlantic Council's EuroGrowth Initiative hosted Valdis Dombrovskis, European Commission Vice-President, and Commissioner for the Euro and Social Dialogue, Financial Stability, Financial Services and Capital Markets Union.

Juncker Has a Plan

By Global Business and Economics

Europe's fragile recovery has been ailing from low levels of investment. While GDP and consumption have surpassed their pre-crisis levels, by the end of 2014 gross capital formation was still around 15% below its 2007 peak (€230 billion to €370 billion less than the EU's long term investment average). That is why the EU launched an ambitious investment plan, the European Fund for Strategic Investments (EFSI).

QE to Infinity

By Global Business and Economics

On December Third, European Central Bank (ECB) President Mario Draghi, announced that quantitative easing (QE) would continue as the EU marches along its road to recovery.

EU Economy: Still Work to be Done

By Nico Catano

The road to recovery in Europe remains a work in progress, as European Central Bank (ECB) leader Mario Draghi faces legacies of the 2008 recession. One notable challenge remaining for the European economy is Non-Performing Loans (NPLs).

The Old World and the New Economy

By Global Business and Economics

One of the most significant challenges currently facing European leaders is how to shepherd their economies, particularly their businesses, into the modern era. In the United States, massive tech giants rapidly blossom from small startups, significantly impacting the economy over the past decade.

How Does Greece’s Recovery Compare to Other IMF Bailouts?

By Global Business and Economics

As showdown talks over Greece take place in Europe this week, a quick examination of the recent history of bailouts is valuable.