Global systemic crisis – The war has been declared between the economicpolitical world and the financial-banking interests
The current period is a typical example where an impressive number of explosive factors are combining: new financial bubbles inflated by massive injections of public money, worldwide geopolitical instability, currency wars, political the beginning of the political war against “financial terrorism”, political crisis in Europe… (page 2)
2013-2014 – « Icelandisation of the crisis’ management : Bail-in, the new template for too-big-to-fail banks…
The Cypriot crisis is the most dramatic recent example where bank creditors, in this case depositors, are involved in a bank restructuring. For large depositors especially this should not come as a surprise given our analyses in combination with the structure and size of the Cypriot financial sector... (page 11)
The world after is evolving : Syria and Mali, two tangible cases where the global systemic crisis opens up regional prospects
Between a weakened and irresolute Western block and China-Russia which is not yet legitimate enough to really impose its views, regional relationships finally find the space necessary to progress. Two actual cases, Mali and Syria, prove it by different paths, whose crises currently reinforce a languishing regional integration.… (page 17)
Strategic and operational recommendations
. Stocks and shares : what goes up comes down
. Commodities : not only oil is at risk
. Currencies : watch out Yen and Pound !
. Investment : a loan is not the bank’s exclusive domain… (page 21)
The GlobalEurometre - Results and Analyses
A relative calm, quite surprising taking into account the last 30 days news, is revealed by this month’s survey. Pessimism still has its place but no more than last month, even less on several points … (page 24)

In cooperation with Europe 2020, the European Institute hosted a seminar entitled, "Paths to a Future Common EU Policy Toward North America." The discussion consisted of two morning sessions, in which Global Europe 2020 presented their findings on transatlantic divergence before an international audience. Frank Biancheri, Director, Europe 2020, indicated that shifting interests, the success of European integration and the emergence of the post Cold-War generation have led transatlantic relations to a critical impasse. He also suggested a number of reforms for improved transatlantic ties, many of which led to strong reactions and spirited debate from American panelists. Discussants included Tracy McKibben, Director, European and Eurasian Affairs, National Security Council; Shaun Donnelly, Principal Deputy Assistant Secretary, Bureau of Economic and Business Affairs, U.S. Department of State; and John Van Oudenaren, Chief, European Division, Library of Congress.
His Excellency Carlos Westendorp y Cabeza, Ambassador of Spain to the United States, despite earlier comments regarding the widening transatlantic rift, was optimistic about the future of U.S.-EU relations, adding that the two partners still share common interests and face similar challenges. He also emphasized the need for greater transnational cooperation, as global problems require global solutions. Stemming from these points, Harald Greib, Vice President, Europe 2020, identified several challenges of mutual importance, such as the Mid-East peace process and economic development within the third world, in which the U.S. and the EU could act as partners. However, Greib also raised concerns over the future of regional integration, specifically the lack of a clearly defined ’Neighborhood Policy,’ and the Union’s ongoing transformation towards a unified political entity. Additional remarks were made by Karen Volker, Deputy Director, Office of European and Regional Affairs, US Department of State; Philippe Coessens, Counselor, Head of Political Section, Delegation of the European Commission; and Dr. Daniel Hamilton, Director, Center for Transatlantic Relations, Paul H. Nitze School of Advanced International Studies.
His Excellency Jean-David Levitte, Ambassador of France to the United States, delivered keynote remarks on the shared challenges and opportunities facing the United States and the European Union. Although Ambassador Levitte acknowledges the widening rift between transatlantic partners, he maintains that the US-EU relationship will remain of critical importance to the international system, particularly within the Middle East and throughout the developing world.
Seminar’s programme
8:30 a.m. Registration (Montpelier Room)
9:00 a.m.
. Welcome and Introduction: Jacqueline Grapin, President, the European Institute . Special Opening Remarks: Klaus-Peter Gottwald, Deputy Chief of Mission, Embassy of the Federal Republic of Germany
Session I: Vision for a Sustainable Transatlantic Relationship by 2020
. Introduction by Franck Biancheri, Director, Europe 2020 and Harold Greib, Vice President, Europe 2020
. James Steinberg, Vice President and Director of the Foreign Policy Studies Program, The Brookings Institution
. John van Oudenaren, Head of European Division of Library of Congress
. Tracy McKibben, Director, European and Eurasian Affairs, National Security Council
10:45 a.m.
Session II: A New Common European Perspective on Global Affairs
. Introduction by Franck Biancheri, Director, Europe 2020 and Harald Greib, Vice President, Europe 2020
. His Excellency Carlos Westendorp y Cabeza, Ambassador of Spain to the United States
. Philippe Coessens, Counselor, Head of Political Section, Delegation of the European Commission
. Dr. Daniel Hamilton, Director, Center for Transatlantic Relations, Paul H. Nitze School of Advanced International Studies
12:00 p.m.: Luncheon Keynote Remarks (John Adams)
. His Excellency Jean-David Levitte, Ambassador of France to the United States
List of participants
Matti Anttonen, Minister, Deputy Chief of Mission, Embassy of Finland
Michael Backfisch, Bureau Chief, Handelsblatt
Franck Biancheri, Director, Europe 2020
Steve Brady, Senior Vice President, Corporate Communications, Sodexho, Inc.
Pierre Cardin, General Counsel, EADS North America
Claude Carrière, Minister, Deputy Chief of Mission , Embassy of Canada
Philippe Coessens, Counselor, Head of Political, Delegation of the European Commission
Dr. Paula Wylie Connolly
Jack Cutts, Government Relations Assistant, Alcatel, Washington Office
Dr. Fabio Danin, Chief Executive Officer, Finmeccanica Inc.
Jonathan Davidson, Senior Advisor for the Political and Academic Section, Delegation of the European Commission
Shaun Donnelly, Principal Deputy Assistant Secretary, Bureau of Economic and Business Affairs, US Department of State
Her Excellency Claudia Fritsche, Ambassador of Liechtenstein to the United States, Embassy of Liechtenstein
Daniela Gitman, Deputy Chief of Mission, Embassy of Romania
John Glenn, Director of Foreign Policy, German Marshall Fund of the United States
Klaus-Peter Gottwald, Deputy Chief of Mission, Embassy of the Federal Republic of Germany
Jacqueline Grapin, President, The European Institute
Harald Greib, Vice President, Europe 2020
His Excellency Przemyslaw Grudzinski, Ambassador of the Republic of Poland to the United States, Embassy of the Republic of Poland
Charles Hamilton, Trade Advisor, Airbus North America Holdings, Inc.
Dr. Daniel S. Hamilton, Director, Center for Transatlantic Relations, Paul H. Nitze School of Advanced International Studies
Dr. Ralf Horlemann, Political Counselor , Embassy of the Federal Republic of Germany
Vratislav Janda, Minister-Counselor, Deputy Chief of Mission, Embassy of the Czech Republic
Frank J. Kelly, Managing Director and Head of Government Affairs - Americas, Deutsche Bank
Richard Kirkland President, Vice President, International Programs, Lockheed Martin Corporation
Michael Kirst, Director, International and Government Affairs Executive, Westinghouse Electric Company
Philippe Lalliot, Counselor, European Affairs, Embassy of France
Francine Lamoriello, Senior International Business and Strategy, Advisor, Baker, Donelson, Bearman, Caldwell and Berkowitz
His Excellency Jean-David Levitte, Ambassador of France to the United States, Embassy of France
His Excellency John Lowell, Ambassador of Malta to the United States, Embassy of Malta
Grier D. Martin, Program Coordinator, The European Institute
James G. McGann, Senior Fellow, Foreign Policy Research Institute
Tracy McKibben, Director, European and Eurasian Affairs, National Security Council
Claudia Meulenberg, Associate Program Officer, United Nations Foundation
Christian Nadal, President, Electricité de France International North America, Inc.
Julienne Nelson, Executive Director, The European Institute
Andreas Nicolaides, Consul, Embassy of the Republic of Cyprus
The Honorable William A. Nitze,Chairman, Equinox Energy Solutions, Inc.
Maria Papathanassiou,Senior Vice President, The European Institute
William E. Primosch, Director, International Business Policy International & Economic Affairs, National Association of Manufacturers
Nicholas Reed, Coordinator, Tiesweb Transatlantic Marathon
Rune Resaland, Minister, Deputy Chief of Mission, Royal Norwegian Embassy
Laura Rheintgen, Director of Member Relations, The European Institute
Sue Saarnio, Deputy Director, Office for European Union and Regional Affairs, US Department of State
Ramon Santos, Political Counselor, Embassy of Spain
Graham Smart, Vice President, Strategy and Business Development, North America, Thales North America, Inc.
Helmut Sonnenfeldt, Guest Scholar, Foreign Policy Studies, The Brookings Institution
William R. Sweeney, Jr., Vice President, Global Government Affairs, EDS Corporation
Viktor Szederkényi, Deputy Chief of Mission, Embassy of the Republic of Hungary
Ahmed Toumi, Director General and Chief Executive Officer, International Telecommunications Satellite Organization
Angel Ubide, Director of Global Economics, Tudor Investment Corporation
His Excellency Boudewijn J. van Eenennaam, Ambassador of the Netherlands to the United States, Royal Netherlands Embassy
Dr. John Van Oudenaren, Chief, European Division, Library of Congress
Karen Volker, Deputy Director, Agency Research Projects, US Department of State
Nick Welch, Manager, International Relations, Shell Oil Company
Jeffrey Werner, Manager, International Government Affairs, DaimlerChrysler
His Excellency Carlos Westendorp y Cabeza, Ambassador of Spain to the United States, Embassy of Spain
Diane Zeleny, Outreach Director, European Bureau, US Department of State
Stella Zervoudaki, Minister-Counselor, Press and Public Affairs, Delegation of the European Commission