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Slimming Down: The Pivot, Austerity, and the Path Ahead for Transatlantic Security

“If Article 5 beckons, the United States should and will be there.” Barry Pavel and Jeff Lightfoot of the Atlantic Council It goes beyond saying that this statement is one …

6 Grundsätze für Stabilität

This analysis was originally published by Initiative Neue Soziale Marktwirtschaft. The original text is in German, but an executive summary in English can be found below. Ein Rahmen für die …

Shock Waves from Europe

This recent analysis by Kris Bledowski takes a look at the potential negative effects on the economies of Europe and the United States should a major meltdown – either economic or …

Europe’s Unclear Horizons

Geithner’s visit to the German island of Sylt this week to discuss plans for navigating the euro crisis clearly signals Washington’s growing discomfort with Europe’s economic situation. As AICGS President Jack Janes points out, leaders on both sides of the Atlantic are feeling the pressure to find clearer horizons amidst the turbulent economic forces battering their economies.

Draghi’s Master Plan

The President of the European Central Bank Mario Draghi disappointed financial markets on Thursday when he announced that the ECB will wait to restart its bond buying program. However, a closer look at what Draghi said during his press conference should encourage both investors anxious for quick action and skeptics in Germany alike. Draghi has a plan, but he is still resisting the temptation to let politicians off the hook.

Constitutional Review and the German Bailout Controversy

The United States Supreme Court and Germany’s Federal Constitutional Court have recently become the focal point over a series of hotly debated political issues in their respective countries. As they decide on issues that could have far reaching political consequences, Donald Kommers examines the frameworks under which both courts operate.

“Who’s Picking Up This Bill?”

The struggle over sharing the burden of a weak economy in Europe has generated tension not only between countries, but also within them. Germany is no exception – the national debate about subsidies for the Länder is reflective of the larger European debate about fiscal reform.

Supervising Sovereignty: Germany’s Constitutional Court at Work

However long it takes for the Federal Constitutional Court to rule on the legality of the European Stability Mechanism (ESM), the end result will be another chapter in the interpretation …

Historical Dimensions of the Euro Crisis

Jonathan Zatlin, winner of last year’s DAAD Prize for Distinguished Scholarship in German Studies in the field of Economics at AICGS’ annual Global Leadership Award Dinner, recently co-wrote an article …

Spain, Italy, Germany Come to Deal after Euro Summit

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 …

At a Snail’s Pace

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 …

What Does She Want?

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 …