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The Future of the Eurozone and U.S. Interests
Seventeen of the European Union's 27 member states share an economic and monetary union (EMU) with the euro as a single currency. These countries are effectively referred to as the Eurozone. What has become known as the Eurozone crisis began in early 2010 when financial markets were shaken by heightened concerns that the fiscal positions of a number of Eurozone countries, beginning with Greece, were unsustainable. This report provides background information and analysis on the future of the Eurozone in six parts, including discussions on the origins and design challenges of the Eurozone, proposals to define the Eurozone crisis, possible scenarios for the future of the Eurozone, and the implications of the Eurozone crisis for U.S. economic and political interests.
EU-U.S. Economic Ties: Framework, Scope, and Magnitude
This report provides background information and analysis of the U.S.-EU economic relationship for members of the 112th Congress as they contemplate the costs and benefits of closer U.S. economic ties with the EU. It examines the economic and political framework of the relationship and the scope and magnitude of the ties based on data from various sources. In addition, the report analyzes the implications these factors have for U.S. economic policy toward the EU.
European Union Enlargement: A Status Report on Turkey's Accession Negotiations
This report provides a brief overview of the European Union's (EU) accession process, Turkey's path to EU membership, and the impact of the Cyprus problem.
European Union Enlargement: A Status Report on Turkey's Accession Negotiations
This report provides a brief overview of the European Union's (EU) accession process and Turkey's path to EU membership.
Transatlantic Regulatory Cooperation: Background and Analysis
This report discusses commercial ties between the United States and the 27-member European Union. These ties are substantial, growing, and mutually beneficial, but differences in regulatory approaches limit an even more integrated marketplace from developing. This report is intended to serve as an introduction and primer on this complicated, broad, and often highly technical set of issues.
The EU-South Korea Free Trade Agreement and Its Implications for the United States
This report is designed to shed some light on the KOREU FTA for Congress.4 It briefly reviews EU-South Korean economic ties and the respective EU and South Korean objectives regarding the KOREU FTA. It then discusses the KOREU FTA in general and examines some of its major provisions in more detail, with special focus on autos and some other manufacturing sectors, agriculture, services, and labor-areas of particular interest to U.S. policymakers and the U.S. business community. The report does not attempt to determine if one FTA is better than the other. Finally, the report analyzes the prospects for the KOREU FTA and the agreement's potential implications for the United States.
The European Union: Questions and Answers
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.
The European Parliament
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.
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