The European Union is suffering a deep crisis: disdain, disillusionment and distrust top the list of prevailing sentiments towards the European institutions, as was brought home dramatically by the failed referenda on the Constitutional Treaty in France and the Netherlands.
Topic:
International Relations
Political Geography:
Russia, Europe, Moldova, Middle East, France, Georgia, and Netherlands
The answer to the question posed in the subtitle is yes, indeed, there are concrete alternatives to enlargement. As there must be. Enlargement has been a key tool in projecting stability across our continent. But it is a reality that the EU cannot expand ad infinitum – everything has its limits. We must honour our present basic commitments, while strictly insisting on the criteria. One of these criteria is our own absorption capacity – it is clear that in some member states the pace and scale of enlargement is approaching the limits of what public opinion will accept. To overstretch, rather than consolidate, the Union would be detrimental not only for us but also our partners. These are all issues with which our leaders will struggle in Vienna in a few months time.
Topic:
International Relations, Security, and Development
The assertion that the enlarged EU will become dysfunctional under the current treaty provisions has been one of the strongest arguments in favour of the Constitutional Treaty. Also after the two 'no' votes to the text, political leaders continue to see the necessity of institutional reform. Jacques Chirac and Tony Blair, neither of whom is keen to resume the ratification process as such, have stressed independently that the issue needs to be addressed in the near future. The British Prime Minister argues that the EU cannot function properly with 25 member states under today's rules of governance, adding "Having spent six months as EU president, I am a good witness of that." His French counterpart even predicted that the status quo would eventually "condemn the EU to inertia and paralysis."
Topic:
International Relations, Diplomacy, and Government
Following seven years of painstaking and demanding negotiations, European bankers and regulators breathed a sigh of relief when the Capital Requirements Directive (CRD) finally got through the European Parliament on 28 September 2005, and was formally approved by the Council of Ministers of the 25 EU member states on 11 October 2005. The new CRD will finally apply the complex, risk-sensitive Basel II capital adequacy rules to some 8,000 European banks and some 2,000 investments firms in two stages, the first in January 2007 and the second one year later.
Topic:
International Relations, Economics, and Government
Any nuanced assessment of current transatlantic tensions requires an awareness of their historical context. An understanding of the legacy of the Cold War in particular helps to answer the following questions: (1) What are the sources of current US-European tensions? (2) Has the transatlantic connection sustained mortal damage, or can it endure? (3) What changes of attitude and of focus might help the transatlantic relationship in the future? The argument is as follows: The US-European relationship is under assault not just because of recent US military actions but also because of a longer-term shift away from a successful US Cold War grand strategy that still had much to offer the post-Cold War world. However, cause for alarm is limited, because the history of cooperation, the lack of alternative partners, and the very real nature of external threats means that neither the US nor the Europeans have any realistic alternative to cooperation with each other.
Although Social Security reform appears to be off of the national agenda for now, real funding problems remain for America's popular retirement program that policymakers need to address. The payroll taxes that support Social Security's “pay–as-you-go” system will begin to fall short of outlays in 2017 and will be sufficient to finance only 74 percent of scheduled annual benefits by 2041, when the Social Security trust fund is projected to be exhausted.
Russia has been in the process of seeking membership in the World Trade Organization (WTO) since June 1993. Currently, the United States is the only major economic power that has yet to finalize a bilateral market access agreement with the Russian Federation. Most observers of the situation concur that the enforcement of intellectual property rights laws remains, along with agriculture, one of the two major hurdles to Russian accession to the World Trade Organization.
Topic:
International Relations, Economics, and International Trade and Finance
The danger posed by Russia's inadequately secured stocks of nuclear weapons and fissile material is a major national security concern for the United States. Various cooperative U.S.-Russian programs aimed at securing nuclear material, weapons, and design intelligence have been mounted since the 1990s, but clever and determined adversaries may be able to circumvent or defeat the defenses that the United States and its partners are attempting to put in place. U.S. programs are by their nature reactive: they have long time horizons; they focus preeminently on the supply side of the problem; and they face serious technological limitations. Russia's imperfect commitment to nonproliferation also undermines the effectiveness of U.S. nonproliferation efforts.
Topic:
International Relations, Security, Foreign Policy, and Nuclear Weapons
In this interview, Torben Gettermann, the Consul General of Denmark to New York, discusses the controversy over the publication of cartoons depicting caricatures of Prophet Mohammad in the Danish Jyllands-Posten. Mr Gettermann entered the Danish Foreign Service in 1980. He has had postings in Saudi Arabia, Mexico, Hungary, among others. Prior to arriving in New York in September 2005, Mr Gettermann served as Denmark's Ambassador in Baghdad, Iraq. This interview was conducted prior to the Asia Society event Not a Laughing Matter: Behind the Danish Cartoon Controversy on March 22, 2006.
Topic:
International Relations, Foreign Policy, and Diplomacy
Since the 1960s, relations between the EU and India have developed rapidly. Nowadays, EU–India relations have a strong institutional architecture, including regular summits (political and commercial), meetings of ministers and senior officials and so on. Within this institutional framework, the EU and India have launched a comprehensive and fruitful cooperation. There is much active political collaboration, such as in the reform of the United Nations and the fight against terrorism, based on common values. Trade and investment between the EU and India are experiencing strong growth but lack symmetry.
Topic:
International Relations, Political Economy, and United Nations