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Election in Greece

Description: This report discusses issues leading up to Greece's snap legislative election on September 20, only eight months after the country's last election. Greece continues to struggle with the negative repercussions of a sovereign debt and financial crisis that began in 2009.
Date: September 14, 2015
Creator: Belkin, Paul
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Crisis in Greece: Political Implications

Description: This report discusses political and economic conditions in Greece. What began as a debt crisis in Greece in late 2009 has evolved into a political crisis that many analysts believe could represent the most significant setback in over 60 years of European integration.
Date: July 7, 2015
Creator: Belkin, Paul
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Crisis in Greece: Political Implications

Description: This report briefly discusses the political crisis resulting from what began as a debt crisis in Greece in late 2009. Many analysts believe that this political crisis could represent the most significant setback in over 60 years of European integration.
Date: July 7, 2015
Creator: Belkin, Paul
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Economic Crisis in Greece

Description: This report briefly discusses the current economic situation in Greece. Questions about whether Greece will stay in the Eurozone have resurfaced, as the government's stalemate with the International Monetary Fund (IMF) and Eurozone creditors has reached a critical point.
Date: June 29, 2015
Creator: Nelson, Rebecca M.
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Greece Update

Description: This report discusses current issues in Greece, including the formation of the new government following recent elections, the economy, terrorism, and foreign policy. The Greek government's foreign policy focuses on the European Union (EU), sometimes-strained relations with Turkey, reunifying Cyprus, resolving a dispute with Macedonia over its name, other Balkan issues, and sustaining good relations with the United States. Greece has assisted with the war on terrorism, but is not a member of the… more
Date: December 16, 2009
Creator: Migdalovitz, Carol
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Greece's Debt Crisis: Overview, Policy Responses, and Implications

Description: This report provides an overview of the Greek debt crisis; outlines the major causes of the crisis, focusing on both domestic and international factors; examines how Greece, the Eurozone members, and the IMF have responded to the crisis; and highlights the broader implications of Greece's debt crisis, including for the United States.
Date: April 27, 2010
Creator: Nelson, Rebecca M.; Belkin, Paul & Mix, Derek E.
open access

Greece's Debt Crisis: Overview, Policy Responses, and Implications

Description: This report provides an overview of the Greek debt crisis; outlines the major causes of the crisis, focusing on both domestic and international factors; examines how Greece, the Eurozone members, and the IMF have responded to the crisis; and highlights the broader implications of Greece's debt crisis, including for the United States.
Date: April 7, 2010
Creator: Nelson, Rebecca M.; Belkin, Paul & Mix, Derek E.
open access

Greece's Debt Crisis: Overview, Policy Responses, and Implications

Description: Greece is currently facing such a sovereign debt crisis. On May 2, 2010, the Eurozone members and International Monetary Fund (IMF) endorsed a historic €110 billion (about $145 billion) financial package for Greece in an effort to avoid a Greek default and to stem contagion of Greece's crisis to other European countries, particularly Portugal, Spain, Ireland, and Italy. This report provides an overview of the crisis; outlines the major causes of the crisis, focusing on both domestic and interna… more
Date: May 14, 2010
Creator: Nelson, Rebecca M.; Belkin, Paul & Mix, Derek E.
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Frequently Asked Questions about IMF Involvement in the Eurozone Debt Crisis

Description: On May 2, 2010, the Eurozone member states and the International Monetary Fund (IMF) announced an unprecedented €110 billion (about $145 billion) financial assistance package for Greece. The following week, on May 9, 2010, EU leaders announced that they would make an additional €500 billion (about $636 billion) in financial assistance available to vulnerable European countries, and suggested that the IMF could contribute up to an additional €220 billion to €250 billion (about $280 billion to $3… more
Date: August 27, 2010
Creator: Nelson, Rebecca M.; Nanto, Dick K.; Sanford, Jonathan E. & Weiss, Martin A.
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The European Parliament

Description: Report that discusses the construction and history of the European Parliament (EP), its role in functions of the EU as well as internationally, various international supports and criticisms of the EP, and the EP's ties with the U.S. Congress.
Date: January 21, 2011
Creator: Archick, Kristin & Mix, Derek E.
open access

The Eurozone Crisis: Overview and Issues for Congress

Description: This report provides an overview of the causes, challenges, political dynamics, and other aspects of the Eurozone's economic crisis and discusses the related issues that Congress may address, such as: how this situation will impact the U.S. economy, IMF (International Monetary Fund) involvement, and how the US and Europe will cooperate to solve these issues. The report also contains supplemental figures and charts.
Date: August 29, 2012
Creator: Nelson, Rebecca M.; Belkin, Paul; Mix, Derek E. & Weiss, Martin A.
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The European Union: Questions and Answers

Description: This report provides a brief overview of the European Union (EU), an economic and political partnership between 27 sovereign member states. The report describes the formation of the EU, the three main institutions of the EU, and the EU's relationship with the United States.
Date: January 24, 2011
Creator: Archick, Kristin & Mix, Derek E.
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U.S.-EU Cooperation Against Terrorism

Description: This report examines the evolution of counterterrorism cooperation between the United States and the European Union (EU), particularly since the September 11, 2001 terrorist attacks. It includes a discussion of U.S.-EU cooperation progress and ongoing challenges, as well as perspectives and issues for Congress.
Date: May 21, 2012
Creator: Archick, Kristin
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U.S. and EU Agricultural Support: Overview and Comparison

Description: This report uses data from two public sources to compare agricultural support between the United States and the European Union (EU): (1) estimates of domestic support for agricultural programs based on World Trade Organization (WTO) notifications; and (2) the Organization for Economic Cooperation and Development's (OECD's) country-level policy database. Each of these data sources uses a slightly different metric to evaluate agricultural support. The report includes an overview of farm programs… more
Date: March 21, 2011
Creator: Schnepf, Randy & Hanrahan, Charles E.
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U.S.-EU Cooperation Against Terrorism

Description: This report examines the evolution of counterterrorism cooperation between the United States and the European Union (EU), particularly since the September 11, 2001 terrorist attacks. It includes a discussion of U.S.-EU cooperation progress and ongoing challenges, as well as perspectives and issues for Congress.
Date: July 18, 2011
Creator: Archick, Kristin
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World Trade Organization Negotiations: The Doha Development Agenda

Description: This report discusses the World Trade Organization (WTO) Doha Round of multilateral trade negotiations, begun in November 2001, which has entered its 11th year. The report includes background on Doha and the significance fo the negotiations as well as a breakdown of issues on the Doha agenda and the role of the Congress.
Date: December 12, 2011
Creator: Fergusson, Ian F.
open access

Greece's Debt Crisis: Overview, Policy Responses, and Implications

Description: This report covers the sovereign debt crisis currently faced by the Eurozone which has culminated with Greece, which is at the center of the crisis, Ireland, and Portugal borrowing money from other European countries and the International Monetary Fund (IMF) in order to avoid default. Topics covered include: the build-up of Greece's debt crisis, policy responses with limited success, and broader implications. Specific issues for Congress include how the U.S. economy and banking industry will be… more
Date: August 18, 2011
Creator: Nelson, Rebecca M.; Belkin, Paul & Mix, Derek E.
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The EU-South Korea Free Trade Agreement and Its Implications for the United States

Description: This report discusses the free trade agreement (FTA) between South Korea and the European Union (EU). It looks at various aspects of the South Korea-EU FTA (KOREU FTA) including economic ties, trade strategies, and an overview of the key provisions of the agreement focusing on manufactured goods, agriculture, services, and various other provisions of particular interest to U.S. policymakers and the U.S. business community. The report also gives an analysis of the potential economic imact of t… more
Date: June 16, 2011
Creator: Cooper, William H.; Jurenas, Remy; Platzer, Michaela D. & Manyin, Mark E.
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