European Union

Emerging Power among Europe’s Leaders: Herman Van Rompuy

By Steven Erlanger, the New York Times

From Steven Erlanger, the New York Times:  [T]he new European president of the council of national leaders, Herman Van Rompuy, an economist and former Belgian prime minister, has moved more quickly than others to establish a powerful staff.

Two Competing Visions of a European Economy

By Steven Erlanger, the New York Times

From Steven Erlanger, the New York Times:  The market storm over the fate of the euro has calmed to prevailing winds, but there is considerable nervousness here over the economic health of Spain, the impact of austerity on long-term growth and continuing differences between France and Germany over the economic direction of the European Union.

U.S.-EU Bank-Data Transfer Deal Explained

By Kurt Volker

The United States and the European Union have signed a bank data-transfer agreement that will give U.S. authorities access to EU bank transfer data, under EU supervision, in an effort to combat terrorism. In an e-mail interview, Kurt Volker, Atlantic Council senior adviser, former U.S. Ambassador to NATO and managing director of the Center on […]

European Union, U.S. to share banking data to fight terrorism

By Ellen Nakashima, the Washington Post

From Ellen Nakashima, the Washington Post:  The European Union has reached an agreement with the United States that will allow European bank data to continue to be shared for counterterrorism purposes, but only after liberal members of parliament secured stronger privacy guarantees.

New Czech Prime Minister Is Named

By Dan Bilefsky, the New York Times

From Dan Bilefsky, the New York Times:  President Vaclav Klaus of the Czech Republic said Sunday he would appoint a center-right leader, Petr Necas, as the country’s new prime minister on Monday, clearing the way for a government that is both pro-American and focused on fiscal austerity.

In Europe, U.S. Allies Target Defense Budgets

By Stephen Fidler, Alistair MacDonald, and Patrick McGroarty, the Wall Street Journal

Desperate Times Mean Desperate Measures in Europe

By Scott Bleiweis

The financial crisis continues to wreak havoc in Europe. Beyond Greece, we’ve been told Spain is especially at risk. But even more established market economies have taken steps towards cutting debt and providing relief to struggling citizens.

Time for Transatlantic Leadership

By Stuart Eizenstat and Caio Koch-Weser

Saturday the leaders of the G20 will convene for a pivotal meeting on the future of global economic policy and financial market reform. Their first gathering in 2008 set a strong and encouraging tone of greater international cooperation. Less than two years on, this important spirit is getting lost.

Russia-Belarus “Gas War” is Over

By Reuters

From Reuters:  Russia resumed gas supplies to Belarus on Thursday and paid gas transit debts to Minsk in a move to ease fears of supply cuts to the European Union, which has called the dispute an attack on the entire bloc. Belarus said it had yet to receive the payments for transit but was ready […]

British Security Policy – the US or the EU?: Choose Your Partners

By Anand Menon, Chatham House