Is Europe still vulnerable to a Greek default?

New Atlanticist Jan 3, 2023

Five trends to watch in 2023 as the global economy tries a dangerous reboot

By Josh Lipsky

With each trend, policymakers can focus on a return to the status quo or build something different, and better, this year.
China Economic Sanctions
Is Europe still vulnerable to a Greek default?

Econographics Feb 21, 2023

Offensive friendshoring and deteriorating US-China relations

By Hung Tran

The increasingly offensive use of an offensive US friendshoring policy will make it more challenging to manage US-China strategic competition
China Economy & Business
Is Europe still vulnerable to a Greek default?

New Atlanticist Feb 23, 2023

The big questions (and answers) about Ajay Banga’s nomination to lead the World Bank

By Atlantic Council experts

What to know about the former Mastercard chief executive officer’s surprise nomination to lead the World Bank.
Economy & Business Fiscal and Structural Reform

Content

EconoGraphics

Apr 7, 2015

Is Europe still vulnerable to a Greek default?

By Global Business & Economics Program

Private banks throughout Europe have significantly reduced their exposure to Greek debt (bank, public, and non-bank private sector debt) over the last five years. After Greece came under market pressure and eventually obtained ECB and IMF financial assistance in 2010, most European banks started to rapidly reduce their exposure to Greece. For instance, between 2010 and 2014 French banks' holdings decreased from $63 billion to $2 billion.

Economy & Business Eurozone

EconoGraphics

Mar 31, 2015

The IMF’s Changing Role in Europe

By Global Business & Economics

The International Monetary Fund's purpose and scope of work have changed since its founding after World War II. Whereas at first the Fund aimed to maintain monetary and exchange-rate stability among its members who were primarily advanced economies, today it faces its first credible challenge to its status as the world's lender of last resort.

Economy & Business Financial Regulation

EconoGraphics

Mar 17, 2015

Who Will Finance Public Debt?

By Global Business & Economics Program

Today, the cap on US government spending (or the "debt ceiling") is officially reinstated, and with it, the threat of another clash over the national debt. Policymakers will have a runway of just months before they must decide to lift the cap on borrowing or temporarily allow it to be raised

Brazil China

EconoGraphics

Mar 11, 2015

The Benefits of a Strong Dollar: Where Should You Go on Your Next Vacation?

By Global Business & Economics

There’s never been a better time to be a tourist—as long as you’re paying in dollars. Major currencies worldwide have plunged in value, meaning each US dollar buys more euros and renminbi today than it did one year ago.

Americas Economy & Business

EconoGraphics

Mar 3, 2015

Who Will Collapse First?

By Global Business & Economics

Both the Ukrainian and Russian economies are suffering from recent events. While weak domestic institutions and a fight with insurgents in the country's East plague Ukraine, sanctions and low prices for oil and gas are hurting the Russian economy.

Economic Sanctions Economy & Business

EconoGraphics

Feb 10, 2015

Is Austerity to Blame for the Collapse of the Political center in the European Union?

By Global Business & Economics Program

Radical political parties in the Eurozone—including Syriza in Greece, Podemos in Spain, and Sinn Féin in Ireland—are riding a wave of popularity. The continent’s debt crisis has pitted the creditor countries, most importantly Germany, against debtor countries like Greece. On an international level, the northern European creditors have managed to implement policies that are forcing […]

Economy & Business European Union

Report

Nov 14, 2014

The transatlantic trade and investment partnership: Big opportunities for small business

By Garrett Workman

Small and medium-sized enterprises (SMEs) in both the United States and European Union stand to gain significantly from the implementation of an ambitious Transatlantic Trade & Investment Partnership (TTIP). Using data from a targeted survey and interviews conducted with SME executives on both sides of the Atlantic, The Transatlantic Trade and Investment Partnership: Big Opportunities […]

European Union Macroeconomics
Secretary General Anders Fogh Rasmussen and President Barack Obama, July 8, 2014

NATOSource

Jul 9, 2014

Video of NATO Secretary General at the White House

By NATO

NATO Secretary General Anders Fogh Rasmussen thanked President Barack Obama for his country’s leadership within the Alliance and strong commitment to transatlantic security during talks with the United States president at the White House

Afghanistan Economy & Business
French Chief of Defense General Pierre De Villiers

NATOSource

May 23, 2014

French Military Heads Threaten to Resign Over ‘Grave’ Defense Cuts

By Henry Samuels, Telegraph

French army, navy and air force chiefs and its joint chief-of-staff threaten to resign over military spending cuts, with Jean-Yves Le Drian, defence minister, warning they would render foreign operations impossible.

Economy & Business France

Issue Brief

Mar 25, 2014

Europe’s Imperfect Banking Union

By Megan Greene

In her latest issue brief, “Europe’s Imperfect Banking Union,” Global Business and Economics Program Senior Fellow Megan Greene argues that the European banking union agreement as it currently stands will fall short of many of its goals and will only be useful in the next crisis, not in definitively ending the current one. A slew […]

Economy & Business European Union
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Experts

Fellow

Julie Chon

Nonresident Senior Fellow

GeoEconomics Center

Americas China

Millennium fellow

Alejo Czerwonko

Managing Director, Chief Investment Officer Emerging Markets Americas, UBS Global Wealth Management

Millennium Leadership Program

Economy & Business Indo-Pacific

Fellow

Robert Dohner

Senior Fellow

China Economy & Business

Fellow

Jérémie Gallon

Nonresident Senior Fellow

Europe Center

Economy & Business English

Advisory Council member

Ana Heeren

Senior Managing Director, Strategic Communications, FTI Consulting

Adrienne Arsht Latin America Center

Latin America Macroeconomics

Fellow

Elmar Hellendoorn

Nonresident Senior Fellow

Economic Statecraft Initiative GeoEconomics Center

Defense Policy Dutch
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