The crisis in Greece is a political crisis, and not an economic one. More precisely, it is a political crisis with real economic consequences.
“Greece has been the recipient over the past five years of an unprecedented level of European solidarity” – German Chancellor Angela Merkel
“The reduction initiatives of the last years have led to nothing other than problem-deepening recession” – Greek Prime Minister Alexis Tsipras
How do you resolve a crisis about whose origins you disagree? Europe is trying to figure it out.
The world is urbanizing. As more people live in bigger and bigger cities, local governments are faced with new problems. They are also faced with old problems, but on a much bigger scale. How should governments cope with ever-changing urban districts? SAP has an idea.
I’ll be attending this week here in Berlin called “Future of Innovation Laboratories and Urban Innovation Strategies.” The idea is to find solutions to the world's most pressing urban problems. Will it succeed? Certainly not definitively, but hopefully I'll gain some interesting insight as to how policymakers are thinking about some of the most pressing issues of the 21st century.
The Alternative for Germany has been really successful for the past two years. The key to its success is combining anti-European skepticism with economic liberalism. But the combination has become combustible, as key players from the competing liberal and nationalist wings are in an open fight for the Chairmanship. The outcome in June could decide the future of the party.
Chancellor Angela Merkel is facing big questions regarding whether she, or any of her close supporters, knew about a cooperative spying program in which Germany's foreign intelligence service, the BND, helped the American NSA steal data from European companies, citizens, and politicians. The BND Affair could turn into one of the biggest challenges of Chancellor Merkel's career.
Next to the ongoing crisis in eastern Ukraine, the possible withdrawal of Greece from the European Union (Greek Exit = Grexit) is one of the most important top-level political issues in Europe right now. A lot of people have written about the broad dynamics already, so I will keep my summation short.
Depending on whom you ask, the Transatlantic Trade and Investment Partnership (TTIP) free trade agreement between the United States and the European Union is either a huge opportunity for mutual economic growth and cooperation between the world’s most prosperous democracies, or it will only serve to enrich large corporations while degrading working, environmental, and agricultural conditions in both the United States and Europe.