Signaling a new direction in Europe’s efforts to stem the sovereign debt crisis, Germany, Spain, Italy, and other euro zone member states reached a deal to recapitalize Spanish banks with European Financial Stabilisation Mechanism (EFSM) funds. Concerned that adding to their debt would burden the state with further increased borrowing costs, Spain and other states …Read More

On June 28, the Supreme Court announced its decision to uphold all of the Patient Protection and Affordable Care Act (ACA), including the controversial requirement for individuals to purchase health insurance or face a tax, which conservative challengers of the law starkly opposed. Although the fate of the law remains unclear – Mitt Romney has …Read More

In planning last week’s United Nations Conference on Sustainable Development, Rio +20, organizers sought to bring together the public, private, and NGO sectors for a constructive dialogue on sustainability and development. The ploy worked for the German delegation, whose liveliness underscored a growing convergence of public and private interests regarding sustainability, but failed to stimulate …Read More

AICGS Trustee John Kornblum recently published a piece in the Handelsblatt examining Europe’s response to the ongoing crisis surrounding the monetary union. According the Mr. Kornblum, while European leaders like to point to their success in combating the crisis – a task that has become commonplace on the European agenda – they have tended to …Read More

On June 18, Philipp Rösler, Chairman of the FDP and German Minister of Economics and Technology, opened a visit to Washington, DC, with a speech on the three issues at the core of the future of the transatlantic relationship: the ongoing European debt crisis, trade policy, and, perhaps surprisingly, energy policy. While the proper response …Read More

The German Marshall Fund of the United States (GMFUS) has released the results of its 2011 Transatlantic Trends: Immigration survey. Conducted via phone surveys of more than 13,000 European and North American residents (in the United States, the United Kingdom, France, Germany, Italy, and Spain), this survey assesses public opinion of immigration issues. Questions range …Read More

I was speaking with a German friend at a European think tank a few days ago. He was swamped with press inquiries. “Journalists only want to know one thing,” he told me:  “What does Angela Merkel want?” I have often asked myself the same question. Of course, only the German Chancellor can really answer that …Read More

Joining the growing number of high profile warnings on the future of the European and world economies, World Bank researchers gravely take note of the euro zone’s eroding gross domestic product, which is expected to decline 8.5 percent in the coming year. Given this path, they are asking themselves “what will happen, when large euro …Read More

Statistics indicate that the instance of cyberattacks continues to increase despite improvements in detection of malicious software.  Mr. Jan Neutze contends that in light of the increasing prevalence of cybersecurity breaches, governments should adopt risk-based approaches to protect themselves against cyberattacks.  Risk-based cybersecurity methods rely on experts determining areas of security weakness, containing attackers following …Read More

Ms. Kirsten Verclas urges that nations such as the U.S. and Germany move to create more regional electricity grids to decrease vulnerability of their electricity supply. Centralized energy grids are often cited as a potential target for terrorists and prove vulnerable in environmental disasters. One must not look beyond the example of Hurricane Katrina’s destruction …Read More

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