In this week’s At Issue, Executive Director Dr. Jackson Janes examines the current concerns about the future of the euro and the challenges of securing both consensus among the euro zone members and domestic political support for the European single currency, especially in Germany.
Nearly ten years after the first decision on a military commitment in Afghanistan, this week the Bundestag will again debate the renewal of the mandate for the International Security Assistance Force (ISAF). Former DAAD/AICGS Fellow Dr. Markus Kaim examines the internal debate over whether or not a concrete withdrawal date should be included in the mandate and suggests some potential scenarios for the overall Afghanistan mission as the decision approaches. This essay originally appeared in the January 24, 2011, edition of Frankfurter Allgemeine Zeitung and is available in German only.
As euro zone governments quietly work on a proposal to relieve Greek bond debt, a much louder debate over the future of the euro zone has come about across Europe. The following several articles focus on the debate and show the range of opinions regarding the future of the euro zone.
Germany has become the object of Europe’s resentment, writes Stefan Theil, Newsweek correspondent and a regular contributor to the Advisor, mostly because the weak euro has meant a strong German. But at the same time, Theil argues, Germans are starting to feel some disillusionment with supporting some fellow euro zone members, a growing attitude that will eventually force action – action that Germany will likely lead. This essay originally appeared in the January 23, 2011, edition of Newsweek.
Jochen Bittner, a regular contributor to the Advisor, argues that behind all of the euro zone debate lies a simple but unpleasant truth: The monetary union came too soon. Certainly it is difficult to shift strategies in the middle of a crisis, but Bittner contends that nothing less than a ‘reset’ will help the euro zone out of this mess, something the German government is eager to tackle, even if it won’t admit so publicly. This essay originally appeared in the January 18, 2011, edition of Die Zeit and is available in German only.
As Portugal, Spain, and others have to pay exorbitant interest rates on their government debt, all of Europe is threatened with an increasingly worse economic crisis, writes Senior Non-Resident Fellow Dr. Sebastian Dullien. Germany could help, Dr. Dullien argues, but instead a ‘stingy’ Chancellor Merkel is endangering the euro zone with her government’s mindset of demanding punishment for countries in crisis. This essay originally appeared in the January 17, 2011, online edition of Der Spiegel and is available in German only.
In this week’s At Issue, Executive Director Dr. Jackson Janes examines the efforts to deal with the shootings in Tucson and how both Germany and the U.S. try to come to grips with such violent acts.
Conditions for U.S. climate and energy policy have changed considerably after comprehensive climate and energy legislation failed in the 111th Congress. In the newly elected 112th Congress, emphasis will likely shift away from climate change to more orthodox supply side energy strategies. Writing from a European perspective, Sascha Müller-Kraenner, Managing Director of The Nature Conservancy in Europe and a regular contributor to the Advisor, explores the consequences of these U.S. changes for the European Union’s climate and energy strategy as well as for a future international climate regime.
State Secretary Dr. Werner Hoyer, MdB (FDP), discusses with Dr. Jackson Janes the foreign policy challenges facing Germany in the upcoming year, including Iran, the financial crisis, Belarus, and the Hungarian EU presidency.
In an essay written for Roland Berger Strategy Consultants, AICGS Trustee Dr. Josef Joffe examines the global financial outlook for 2011 and writes that despite some negative indicators, global prospects in 2011 look brighter than previous years, leading to cautious optimism for the coming year.
Dr. Dieter Roth looks back at the major German political events and figures of 2010 and discusses how these events and people changed the political landscape over the course of the year. Dr. Roth, a frequent contributor to the Advisor, then turns to his outlook for 2011 and concludes that it will be a very interesting year in the world of German politics for all parties and actors. This essay was originally written for a Rundfunk Berlin-Brandenburg program which aired on January 2, 2011.