Word: union
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...supporting job creation may get louder as unemployment rises into the double digits. What seem like a sustainable polity on debt and stimulus may be now, but if EU GDP begins to contract faster and harder than expected, a wave of government desperation could sweep the countries in the union. Obama may have his way. It may just take several months for other countries to come around to his way of thinking...
When Russian tanks trundled into Georgia in August 2008, it dawned on the European Union that it should have been paying more attention to the volatile Caucasus and Black Sea regions right at its doorstep. Turkey - strategically placed between the Balkans, Black Sea and Middle East - is fast becoming a big regional player. It's no surprise that President Obama is fulfilling his pledge to visit a Muslim-majority country within 100 days of taking office by dropping in on Turkey. The new Administration sees Ankara as a key ally in dealing with many of its biggest noneconomic issues...
Later this year, the Europeans will assess whether Turkey complies with its obligation to extend its customs union with the E.U. (in place since 1996) to Cyprus. Turkey will not do that unless there is tangible progress in ongoing talks about a political settlement on the island. But for this to happen, big E.U. countries will have to lean more heavily on the recalcitrant Greek Cypriots...
...military presence in the mainly Kurdish southeast remains strong and the only Kurdish party in parliament constantly worries it will be forced to disband. But in other ways, change is happening. After years under a ban, the Kurdish language is flowering, the result of European Union-mandated reforms introduced in 2006. In Silopi, the same store that once secretly sold bootleg Kurdish tapes is now plastered with pictures of budding Kurdish stars. Language courses in the unofficial regional capital Diyarbakir are packed, writers' groups have sprouted and at the local theater, young actors are staging the city's first ever...
...economic-bloc-for-itself nasty diplomatic failure. It turned out better than expected: Although many worthwhile bottom-up institutional reforms didn’t squeeze through, the six-pronged plan for global recovery proposed by the leaders of the world’s 19 largest economies, plus the European Union, offers at least a small sign of hope...