Western Europe Archive

Pity Matteo Renzi. Italy’s prime minister knows that his country’s troubled banking system has put its nascent economic recovery at risk. Yet Italy’s own financial weakness and European Union rules severely constrain his options. Not all the news is bad, though. Renzi’s financial team has come up with an imaginative response to the country’s bank problem with what they call the Atlante Fund, a rescue package to buy up risky loans. But the fund has its own limits, given the precariousness of Italy’s finances, and by implication Europe’s. Past regulatory oversight or maybe just negligent private management have left Italian […]

By now, the European Union has been struggling for over half a decade to sustainably resolve the euro crisis. And as the latest round of brinkmanship over the next bailout tranche for Greece shows, the crisis is far from resolved. It’s still too early to tell what kind of EU will eventually emerge from the crisis, but it is not too early to take stock of the political changes the past five years have already brought about. Conventional wisdom has it that both left- and right-wing populism have been on the rise across the continent. Yet this lazy equation of […]

Earlier this month, the leaders of Iceland, Norway, Sweden, Denmark and Finland were in Washington to attend a summit at the White House. Together with President Barack Obama, the five Nordic leaders discussed tensions with Russia, security, climate change and trade. Obama didn’t hesitate to heap praise on the Nordics. “So I really do believe that the world would be more secure and more prosperous if we just had more partners like the Nordic countries,” he said. “They consistently punch above their weight.” Obama speaking so highly of the Nordic countries is nothing new. He has lauded them for years, […]

The results of Ireland’s general election in late February were as indecisive as anyone could have imagined, leaving a hung parliament. After unsuccessful talks about forming a grand coalition, few are confident of the stability of the new minority government, led by Fine Gael and backed, at least for now, by its longtime rival, Fianna Fail. The breaking point will most likely come on economic policy issues. For decades Ireland’s traditional party of government, Fianna Fail had been severely punished in the previous general election in 2011 for the economic collapse over which it presided. It made a strong recovery […]

Decision-makers rarely solve international tensions once and for all. They cobble together temporary fixes and leave future generations to iron out all the glitches later. Europe’s leaders are currently paying the price for their forebears’ failure to establish a durable order in Europe after the collapse of the Soviet Union. In the 1990s, the U.S. and its allies appeared to have a unique opening to forge a lasting settlement to the continent’s security problems. There was no lack of ideas about to how to do this. Some argued that NATO should expand to cover the old Warsaw Pact, perhaps including […]

In this week’s Trend Lines podcast, WPR’s editor-in-chief, Judah Grunstein, and host Peter Dörrie discuss the challenges facing NATO, South Sudan’s unstable peace, and Kim Jong Un cementing his power at North Korea’s party congress. For the Report, Ted Henken, joins us to explain what normalization with the U.S. and reforms mean for Cuba’s economy and political opposition. Listen: Download: MP3Subscribe: iTunes | RSS Relevant articles on WPR: From Russia to Refugee Crisis, NATO Faces Biggest Test Since the Cold War Machar’s Return Only the First Step in Bringing South Sudan Back Together North Korea Party Congress Shows Kim’s Power—and […]

When Russian President Vladimir Putin launched his campaign to prevent Ukraine from drawing closer to the European Union in 2014, his strategic objectives went beyond that Eastern European country’s borders. To be sure, Russia was concerned about Ukraine’s political and economic drift toward the West. But Moscow’s warnings to Kiev, which were followed by military action, were also meant as a signal to other countries that might have contemplated following in Ukraine’s steps. The message was aimed at what used to be a clearly demarcated sphere of influence, serving as a threat to any country that was once part of […]

The next NATO summit, set for July in Warsaw, is arguably one of the most important meetings of the alliance’s heads of state in the post-Cold War era. European security is at its worst since the end of the Cold War, while Europe finds itself facing a range of serious internal challenges, including continued slow economic growth, the influx of migrants and refugees and the rise of extremist parties. The United States, on the other hand, is distracted by its own poisoned domestic politics and must contend with security challenges in not only Europe, but also the Middle East and […]

In late April, Spain’s King Felipe announced that new elections would be held June 26, six months after Spaniards went to the polls. No party won a majority in December’s elections, however, and months of negotiations failed to produce a viable ruling coalition. The incumbent, conservative People’s Party (PP), led by Prime Minister Mariano Rajoy, won the most votes—nearly 29 percent—but lost its governing majority and over one-third of its deputies in the 350-seat Congress of Deputies. The social-democratic Spanish Socialist Workers’ Party (PSOE) took 22 percent of the vote, followed by the upstart left-wing Podemos with 21 percent. Another […]

When it comes to the Arab-Israeli conflict, I am decidedly on the dovish side of the fence. I am a strong supporter of the two-state solution. I have written that Israel is on the path to becoming an apartheid state. I have called for the United States government to more forcefully condemn Israeli settlement construction in the West Bank and to unilaterally recognize a Palestinian state. And yet, I find myself increasingly alienated from the political left when it comes to discussions of Israel and Palestine. The reason is simple: I am a Zionist. I believe that the Jewish people, […]