Greece’s far-left may have reached its day of reckoning far faster than anticipated.
Just prior to the inauguration, The Brookings Institution released a briefing book, “Big Bets and Black Swans,” examining the key foreign policy challenges President Obama faces as he begins his second term. The section on the Eurozone, written by Justin Vaiesse and Thomas Wright — identifies a potential euro failure as a “black swan” — […]
Summary of 2011 For the EU, any summary of the 2011 will necessarily be dominated by the sovereign debt crisis. The crisis, starting in late 2009, seems to have no end. The past year, and the year before that, has seen a string of crisis talks resulting in an ever-increasing number of initiatives: First the […]