Eurozone collection

The euro crisis that engulfed Greece and Ireland remains a threat to Portugal, Spain and other countries. It dominates the internal European agenda, and has provoked fierce debates about the way forward for economic union and the future of the entire European project.

Following the December publication of our policy paper Beyond Maastricht: A new deal for the eurozone    , ECFR's experts continue to examine the crisis, and its implications for Europe's relationship with the rest of the world, from a wide range of angles. 

Recent writing includes a piece by Thomas Klau on the eurozone's new clothes, a commentary on the central role of the euro crisis in the February 2011 Irish general election, regular reflections on Germany's role in managing the crisis, as part of the Germany in Europe series of blog post by Ulrike Guérot, and several pieces, including this one, looking at Chinese investment in European sovereign debt.

The paper, Beyond Maastricht: A new deal for the eurozone by Thomas Klau and François Godement with José Ignacio Torreblanca, argues that Europe needs a new deal on economic union if it is to avoid a future plagued by instability, weak growth and rising national resentment. 

The paper is part of the wider debate about the economic crisis, the future of the eurozone, and the implications for Europe's place in the world. Here are some more contributions to the debate by ECFR experts and Council Members:

• George Soros in the Financial Times about why Europe should save banks before states (15 Dec 2010).
• Tommaso Padoa-Schioppa, President of Notre Europe, on ‘Closing the year, closing the crisis? on the eve of the December meeting of the European Council (14 Dec 2010). Tommaso Padoa-Schioppa sadly died days after writing this piece. You can read ECFR's tribute to him, and send us your own, here.
• José Ignacio Torreblanca has written and commented widely on how the crisis looks from Madrid. His opinion piece on Germany’s role in creating the problems facing Spain has been widely quoted since its publication (30 Nov 2010).
• Ulrike Guérot is conducting a research project on Germany’s relationship with Europe and has been widely quoted on German attitudes to the euro crisis. Her memo - How European is the new Germany? - can be found here (first published in German on 27 Oct 2010).
• Emma Bonino arguing that Europe needs ‘federation light’ to erase market doubts about its political solidarity (9 Dec 2010).
• Wolfgang Münchau in the Financial Times on the need for fiscal union to end the instability(12 Dec 2010).
• Anatole Kaletsky on the need for a euro-wide fund to guarantee and recapitalise European banks and financial institutions
• Jean Pisani-Ferry in a podcast on how Europe was weathering the financial crisis (17 Sep 2010).

You can stay up to date with the debate over the eurozone and Europe's place in the world on our blog. We also have a large selection of podcasts and commentary pieces on a wide range of issues.