After the storm: international monetary implications of a reborn euro
A reborn Euro Zone will have more international monetary power, but it is unclear if it will be a stabilising or a destabilising force for the IMS.
A reborn Euro Zone will have more international monetary power, but it is unclear if it will be a stabilising or a destabilising force for the IMS.
The third edition of the Elcano Global Presence Index (IEPG) is out. This year, we have also calculated the EU’s global presence –as if it were a single country– and estimated the presence of member States in the European sphere.
The EU averted a possible derailment of embattled Turkey’s moribund accession negotiations by agreeing to open the first chapter in three years, but not this month as originally promised because of Ankara’s excessively brutal handling of the demonstrations which have rocked the country and particularly appalled Angela Merkel, Germany’s Chancellor.
The protests that started in Istanbul and have shaken the country are rooted in a lot more than complaints about riding rough-shod over opposition to the redevelopment of one of the few green spaces in the historic heart of a city of 13 million and turning it into a shopping mall.
This policy paper focuses on the European External Action Service, aiming to describe and analyse some of the most important issues regarding one of the main instruments through which the EU can exercise its global leadership.
The EU plays a role as a regional security organisation within the UN. Its contribution to global governance can be improved but strategic decisions need to be taken on potential new missions for the Common Security and Defence Policy, beyond crisis management and in line with the values that guide the EU’s relationship with the UN Security Council.
After a decade of de-Europeanisation (2001-10), Spain has put the EU back at the centre of its national project but it must now also aspire to co-lead the integration process.
Beyond their environmental impact, climate change and energy security involve associated risks related to economic vulnerability and international security. Addressing these challenges will require a new, ambitious multilateral post-Kyoto agreement and a global deal between energy suppliers and importers. Sharing competences on climate-energy issues, the EU and Member States have a responsibility to provide joint, effective responses at the global governance level.
The future of bankrupt Cyprus and perhaps of the EU’s vast energy needs lies in the offshore gas field named after the ancient Greek goddess Aphrodite who, according to legend, was born on the tiny island nation.
The EU and its member states are designing differing strategies to engage with Asia and its various regional processes that could be made to complement each other if they were to be developed from a common outlook.
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