This report entitled Completing the Euro: A road map towards fiscal union in Europe, originally published by Notre Europe, explores the steps that lie ahead for Europe, specifically the euro zone area, to help get their fiscal house in order. From the introduction of a banking union to implementing the necessary measures for truly completing the …Read More
As the eurozone crisis continues to build, the possible ramifications for the U.S. of a European economic disaster, such as a Greek default, are taking center stage. While political rifts have been exposed at the hands of the crisis, so has the depth of financial interdependence between both sides of the Atlantic. A recent report on the financial impacts of the Deutsche Börse-NYSE Euronext exchange merger by Prof. Dr. Henrik Enderlein, Associate Dean and Professor of Political Economy at the Hertie School of Governance and a frequent participant at AICGS programs, shows that the overall financial stability of the U.S. and Europe are deeply interconnected, as is their standing in the global markets.