The European Council on Foreign Relations

Economic Crisis

What does the crisis mean for Europe - its member states, institutions and policies? How can the EU protect, and expand, its project during the crisis? How can Europe use the economic crisis to push for common solutions to global problems?

The economic crisis has hit Europe hard. ECFR's experts have been analysising what the crisis means for the future of the EU's foreign policy and global outlook.

ECFR's work on the crisis 

  • Europe in a world of crisis”. Both a timely and vast topic. It was also the theme for ECFR’s latest council meeting, held in Stockholm (the current seat of the EU Presidency) on 10-12 May. Click here for more information. 
  •  ECFR's Berlin office held a high level meeting on 7 May, dealing with many of the issues posed by the economic crisis. For more information on this event, please click here.
  • Mark Leonard presented his paper, EU-Russia relations: Is the global economic crisis another false opportunity? at an experts seminar on EU policy on Russia on 23 April 2009.
  • ECFR and Asia Centre published the March edition of China Analysis: China and the global crisis: Will Beijing be part of the solution?.

See more examples of ECFR's work on the economic crisis in the below commentary pieces.

Publications

Rescuing the euro: what is China’s price?

29 Nov 11

What price will Europe pay for China's help in rescuing the euro?

Four scenarios for the reinvention of Europe

23 Nov 11

The impossible is also necessary if the euro and Europe are to be saved

China's scramble for Europe

11 Jul 11

The impact of Chinese purchases and investments in Europe

The European Foreign Policy Scorecard 2010

30 Mar 11

A survey of 80 European foreign policy components over 6 issues

Commentary

How the eurozone crisis affects EU power

, - 25 Nov 11

The economic crisis has huge implications for EU foreign policy. There is less time for it, less money available, and Europe's ability to project soft power is in a coma.

 

To get out of this crisis we need to rebuild Europe from scratch

, - 22 Nov 11

The answer to the EU's current problems is to rebuild from scratch, replacing the existing EU with a new, two layered structure with an inner and an outer core.

 

A deepening crisis requires further integration

Thomas Klau, - 17 Nov 11

The economic crisis is now at a critical point, and Europe's leaders must chose between a federated eurozone power or yielding to the power of the markets and economic and political disruption.

 

Europe's deceptive aggregate deficits

, - 14 Nov 11

Despite the deepening crisis, when taken as a whole the Eurozone's basic figures do not look too bad. But because the Eurozone is a flawed construction these figures are only a distraction, and the need for real reforms remains.

 

A marginalised Britain makes EU break-up more likely

Mark Leonard, - 03 Nov 11

The actions of Britain's coalition government are making it more likely that we will see the EU disintegrate, leaving behind a saved Eurozone that marginalises all those outside it - including Britain itself.

 

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Reinvention of Europe

In the Press

France Culture
09 Feb 12

Justin Vaïsse gives an Analysis of US presidential elections

Spravy Pravda
09 Feb 12

Spravy Pravda reviews ECFR's European Foreign Policy Scorecard 2012

Svenska Dagbladet
09 Feb 12

ECFR's Scorecard 2012 appears in a leader article by Svenska Dagbladet

Bloomberg TV
08 Feb 12

Ulrike Guérot is interviewed about Angela Merkel's handling of the eurocrisis

Read more press >

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