Entries by Palacio & Asociados

The EU’s Road to Rome

MADRID – At the end of this month, European Union leaders (except for British Prime Minister Theresa May) will gather in Italy to celebrate the 60th anniversary of the Treaty of Rome. Anniversary celebrations are always a good excuse for self-congratulation, and the rhetoric filling the air in the run-up to the Rome summit suggests […]

The European Unraveling?

MADRID – After years of intensifying fragmentation and tension, the European Union may be on the verge of losing its most precious assets: peace, prosperity, freedom of movement, and values such as tolerance, openness, and unity. Will Europeans unite in time to save them? The danger facing the EU became starkly apparent last June, when […]

Adrift in Trump’s New Century

WASHINGTON, DC – The late British historian Eric Hobsbawm famously called the period between Archduke Franz Ferdinand’s assassination in 1914 and the Soviet Union’s collapse in 1991 the “short twentieth century.” For Hobsbawm, the end of the Cold War marked a new and distinct era in world affairs. Now, with more perspective, we should reconsider […]

The Next World Order

MADRID – The annus horribilis of 2016 is behind us now. But its low points – the United Kingdom’s vote to leave the European Union, the election of Donald Trump as US president, the ongoing atrocities in Syria – were merely symptoms of a process of dissolution of the liberal rules-based global system that began […]

Europe Against the Ropes

MADRID – On November 8, as Donald Trump was sealing his shocking victory in the United States presidential election, a conference in Brussels commemorated the legacy of the late Václav Havel, the first post-communist president of Czechoslovakia (and later the Czech Republic). As the world enters the Trump era, that legacy could not be more […]

Trump and the World

The institutional and principled foreign policy of postwar United States will be replaced by a transactional approach. It is an unstable basis for world order. onald J. Trump’s electoral victory on November 8 is an inflection point for the United States and the world. Trump was a change candidate and change is coming both domestically […]

The Brexit Paradox

MADRID – The French mathematician Blaise Pascal famously said, “It is not certain that everything is uncertain.” Had he been around for Brexit, he might not be so sure. While a moderate outcome remains likely, uncertainty and animosity have been on the rise in recent weeks. This is the Brexit paradox: the longer it takes […]

The End of the European Supernation?

MADRID – Since the eurozone crisis began in 2008, the European Union has, from a political perspective, led an intergovernmental life in supranational clothing. But as the EU prepares to negotiate Britain’s exit, it is becoming increasingly apparent that the Union no longer has any clothes at all. The question now is whether the EU’s […]

Reason in the Age of Trump

MADRID – In the classical Greek tragedy The Bacchae, the god Dionysus, powered by a thirst for vengeance, battles the inflexible and closed-minded King Pentheus for the soul of Thebes. Ultimately, Pentheus’s rigidity – his attempt to suppress, rather than understand or adapt to, the emotions inflamed by the passionate and unconventional Dionysus – proves […]

Securing Post-Brexit Europe

MADRID – It is said that good things come to those who wait. If so, then the European Union’s new Global Strategy on Foreign and Security Policy, more than a decade overdue, must be a very good thing. Actually, it is exactly what Europe needs. But the timing of its release – in the immediate […]

Tips for the TTIP

MADRID – Three years ago, the United States and the European Union launched negotiations on the Transatlantic Trade and Investment Partnership (TTIP), promising to complete them on “one tank of gas.” But now the talks are running on fumes, with sniping on both sides and the political window for an agreement closing fast. The obstacles […]

Clarifying Europe’s Refugee Problem

MADRID – Even by European Union standards, the response to the so-called refugee crisis is a mess. This seems to defy logic: While the crisis is certainly a challenge, human rights – and, indeed, refugee protection – are embedded in Europe’s DNA. Moreover, the EU’s aging and demographically challenged member states need immigrants. Yet, instead […]

A Europe of Citizens

MADRID – Last month was another cruel one for Europe, culminating in the horrific terrorist attacks in Brussels on March 22. The aftermath has seen a new round of soul searching, with Europeans mulling over the European Union’s institutional failures and sheer incompetence, not to mention the existential challenge it currently faces. Such considerations seem […]

Europe’s Stillborn Security Strategy

If a strategy is announced and nobody is listening, does it make a sound? The European Union will find out the answer this June, when Federica Mogherini, its High Representative for Foreign Affairs and Security Policy, presents a long overdue foreign and security strategy for Europe – just when all eyes will be on the […]

Europe on the Sidelines

The liberal international order that has helped stabilize the world since the end of the Cold War is under strain. A revanchist Russia, chaos in the Middle East, and simmering tensions in the South China Sea are all symptoms of a system that is beginning to fray. The drivers of instability are many. They include […]