The euro crisis has exposed a range of intra-European problems long hidden from the harsh light of day. Not the least of these is German exceptionalism. Over the last two generations one goal of the European project has been to narrow the differences between Germany and the rest of Europe. But recent economic difficulties have only amplified those dissimilarities.
The European Union is the new sick man of Europe. The effort over the past half century to create a more united Europe is now the principal casualty of the euro crisis. The European project now stands in disrepute across much of Europe. Support for European economic integration – the 1957 raison d’etre for [...]
A political, economic and demographic divide has opened up between France and Germany. The two countries, which have for decades been the driving force behind European integration, increasingly see the world through different lenses. This new evidence of a dramatic divergence of public opinion raises new questions about prospects for the European Project.
The ultimate public verdict on a U.S.-EU trade and investment agreement has yet to be rendered, but on the eve of such negotiations, both Americans and Europeans seem disposed to try.
Recent deliberations in Washington have triggered a national debate about key elements of the social safety net. Why the U.S. invests relatively less in its social safety net than many other countries reflect Americans’ conflicted, partisan and often contradictory views on fairness, inequality, the role and responsibility of government and individuals in society and the efficacy of government action.
The year ahead promises both challenges and opportunities for transatlantic relations. The next 12 months could prove to be consequential for both security and economic ties between Europe and the United States.