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The EU is in
profound crisis, caused by years of shallow leadership. Only a radical change
in its leaders’ performance can salvage the European project now. Managing
structural problems instead of resolving them, trying to shame the rebellious
public into accepting business as usual and blaming the United States for
Europe’s dangerously weak security position is a road to self-destruction.
Professor Stefan Hedlund
The future of the Schengen area, one of the crowning
achievements of European integration, is increasingly clouded as European Union
member states are imposing temporary border restrictions to stave off perceived
security threats from migrants and terrorists. The economic cost of dropping
Schengen could be debilitating, but the path to a full return of the
control-free zone is strewn with formidable obstacles.
Dr. Emmanuel Martin
News of a slowdown in the German economy came as a surprise to many, including the German government. Is the only powerful growth engine of the eurozone suddenly running out of steam? The German economy is not as robust as one may think and its long-term prospects for growth are rather dim.
<i>The German economy ha...
Dr. Michael Wohlgemuth
The eurozone’s current sovereign debt crisis has raised the question of the need for a law on insolvency to cover countries which get into trouble with debt. Switzerland has a fiscal rule which has attracted much attention as a preventative rule in the current debate. But it also has laws in place to deal with heavily indebted local authorities which could provide ...
Dr. Christoph Schaltegger
Cyprus is the latest eurozone country to receive a bailout to save its troubled banks. But the last-minute deal to stave off bankruptucy and a disorderly departure from the euro creates many more problems for Europe. The way the crisis has been managed raises questions about whether the EU authorities have a clear and consistent vision of what to do next.
Professor Enrico Colombatto