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New Atlanticist

Jan 6, 2009

Germany’s Ever-Changing Stimulus Package

By Peter Cassata

First it was €40 billion.  Then it was €25 billion.  Now it may be as high as €50 ($68.1) billion.  The plan, which will reportedly focus on schools and public works, remains stalled by conflicting domestic political debates over tax cuts within Merkel’s governing coalition. 

European Union Germany

New Atlanticist

Jan 5, 2009

The War in Georgia and Europe’s Terrible Silence

By David Smith

Four months after the hot phase of Russia’s war on Georgia, Russia continues to violate the European Union-brokered ceasefire agreements of August 12 and September 8.  Notwithstanding, the EU on December 2 resumed Partnership and Cooperation Agreement talks with Russia, which it had suspended September 1 in the wake of Russia’s August assault on Georgia. 

European Union International Organizations
STOCK - EU

New Atlanticist

Dec 30, 2008

Eastern European Leadership Needed

By Peter Cassata

In 2009, an east European should fill the top spot of a major international organization, a recent Economist editorial argues.  From power players like the EU Commission and NATO to “lesser posts” like OSCE, the Council of Europe, and the EBRD, east Europeans have been noticeably underrepresented at the leadership level. 

European Union International Organizations
Planned South Stream and Nabucco Gas Pipelines

New Atlanticist

Dec 29, 2008

Pipeline Politics: Gazprom Seals Serbia Deal

By Peter Cassata

Gazprom has purchased a controlling 51 percent stake in Serbia’s state oil company, NIS.  Equally as significant, Dmitry Medvedev and Serbian president Boris Tadic also signed a declaration of intent to include Serbia in the planned South Stream pipeline that will supply gas to Europe. 

Energy & Environment European Union

New Atlanticist

Dec 24, 2008

German Stimulus Package Smaller Than Previously Announced

By Peter Cassata

Germany’s fiscal stimulus package will be smaller than earlier announced.  Apparently, Spiegel‘s article from last week touting the availability of €40 ($56) billion in funds was incorrect; the figure is actually closer to €25 ($35) billion. 

European Union International Organizations

New Atlanticist

Dec 24, 2008

Europe May Take Guantanamo Detainees

By James Joyner

After years of denying requests from the Bush administration, Europe may be ready to help President-elect Obama solve the Gitmo problem. When the U.S. government asked years ago that countries take in detainees freed from the Guantanamo military prison, only tiny Albania answered the call.

European Union International Organizations

New Atlanticist

Dec 19, 2008

Merkel Shifts, Approves German Stimulus Package

By Peter Cassata

Following weeks of disagreement with Brussels, and France and the UK in particular, the German government has agreed to a second stimulus package of nearly €40 ($55.5) billion.  Merkel faced a strong backlash throughout Europe in recent weeks from critics who felt the government was not responding adequately to Germany’s economic downturn.  Her refusal to […]

European Union Germany
STOCK - Financial Crisis

New Atlanticist

Dec 18, 2008

Fed Rate Cut Leaves American and European Investors Guessing

By Peter Cassata

“We are flying blind,” the FT‘s editors declared after the Fed cut its federal-funds rate to a range of 0 to 0.25 percent on Tuesday.  Although Bernanke had indicated he was willing to employ unorthodox measures to lift the U.S. economy out of recession, few analysts expected such a dramatic cut. 

Economy & Business European Union

New Atlanticist

Dec 17, 2008

EU Approves Climate Bill

By James Joyner

The EU has approved a sweeping bill to fight climate change. The European Parliament approved on Wednesday a deal on cutting greenhouse gas emissions, the final step in a year of talks to secure the world’s broadest agreement yet to battle climate change.

Energy & Environment European Union

New Atlanticist

Dec 16, 2008

EU Piracy Force Given Green Light to Sink Ships

By Peter Cassata

“Robust” is the word now being used to describe the EU’s mandate for its new anti-piracy mission, Operation Atalanta, in Somalia’s treacherous waters.  With NATO’s Operation Allied Provider officially ending last Friday, news is beginning to leak about Atalanta’s rules of engagement. 

European Union International Organizations

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