As the Euro crisis continues to play out in Greece and other weak Euro area members, the time has come for policy makers to consider moderately raising their inflation targets.
History shows that while leaving the Euro area and defaulting would have disastrous implications for Greece and Euro area, it may become the best of bad options if Greece does not receive adequate support from the EU.
European governments are finding it ever more difficult to convince their constituencies back home that a sustained European presence in Afghanistan is of critical importance to any sort of lasting peace.
In his first major foreign policy address, NATO Secretary General, Anders Fogh Rasmussen, presented the basis for a new strategic partnership with Russia, laying out the specific areas where practical cooperation could be extended.
Pakistan’s continuing instability is a matter of international concern. Leading Pakistani experts discussed the situation in their country and the role Europe could play in helping Pakistan achieve greater stability.
Anders Fogh Rasmussen, NATO's new Secretary-General, must provide transformational leadership, not just status-quo management, for the alliance to bridge the chasm between its ambitions and its capacities.
Turkey is currently in the process of redefining its identity as a global actor, providing Europe and the U.S. with opportunities to build relations with Istanbul that will help advance their Middle East agendas.
The EU-Pakistan summit should mark the beginning of a new strategic partnership that helps Islamabad deal with its immediate crisis and helps transform a weakened state into a modern Muslim democracy.
Two days before the EU held its first ever bilateral summit with Pakistan, Frederic Grare and Shaun Gregory discussed how Europe can best contribute to reform in Pakistan.
Carnegie's Uri Dadush and Denis Redonnet discussed how the economic crisis is affecting the EU and its member states, and how Europe can work together to create effective solutions.