PLEDGE NOW
Europe: A Union Endangered

Will Europe pull together or come apart? We’ll look at stakes and consequences.

A man passes close to a stock exchange board monitor inside a bank in Milan, Italy.  Worries that Europe's debt crisis will spread to Italy and Spain weighed on markets . (AP)

A man passes close to a stock exchange board monitor inside a bank in Milan, Italy. Worries that Europe's debt crisis will spread to Italy and Spain weighed on markets . (AP)

Everybody’s trying to figure out how to save their economy. The wild card in the deck right now is Europe. Just how wild is the question.

Part of it is about dreams. The dream of European union – which we’d come to see as settled fact – is back on the table. Part of it is about culture and politics. Can you put Germans and Greeks in the same pot and keep them there forever? Part of it is about fear of calamity. If Europe can’t find its fiscal footing, will it take down world banks, world markets, the struggling US economy?

This hour On Point: the trouble with Europe.

-Tom Ashbrook

Guests

Nicholas Kulish, Berlin bureau chief for the New York Times.

Jan Randolph, Director of Sovereign Risk, for the international consultancy IHS Global Insight.

Scheherazade Rehman, is Director of the European Union Research Center and a professor of International Finance and Business at George Washington University.

From Tom’s Reading List

The Wall Street Journal “The world’s leading central banks joined forces to offer Europe’s beleaguered banks easy access to dollars Thursday, acting to quell fears that the region’s lenders could fall victim to the euro-zone’s government debt crisis.”

Financial Times “Yet even if the European Union and International Monetary Fund pay up as expected, the funds may still not be enough to keep the country afloat.”

Associated Press “German Chancellor Angela Merkel says that “if the euro fails, Europe fails.” But as the debt crisis intensifies, the leader of Europe’s biggest economy is sticking to a course of gradual action that markets are losing faith in and refuses to take the radical measures some say are needed to keep the currency afloat.”

Please follow our community rules when engaging in comment discussion on this site.
ONPOINT
TODAY
May 27, 2015
Ousted Egyptian President Mohammed Morsi raises his hands as he sits behind glass in a courtroom, in a converted lecture hall in the national police academy in an eastern Cairo suburb, Egypt, Saturday, May 16, 2015. (AP)

Sentenced to death in Egypt for espionage, respected academic Emad Shahin joins us with a big take on Egypt, ISIS and America’s response.

May 27, 2015
The logo from the new film, "(Dis)Honesty," which is also the logo for the Dishonesty Project. (The Dishonesty Project)

Are we natural born liars? Is it human to lie? Inside the new documentary, “(Dis)Honesty”.

RECENT
SHOWS
May 26, 2015
The saola is an exceedingly rare mammal found in the mountains of Southeast Asia. (Wikicommons)

Endangered species and the search for one of the world’s rarest creatures deep into the wilds of central Laos.

 
May 26, 2015
Blogger and activist Pamela Geller speaks at a conference she organized entitled “Stop Islamization of America,” in New York on Sept. 11, 2012. (AP)

Two new books on free speech–one by a former New York Times correspondent, the other a Fox News contributor. They don’t see eye to eye—and tell us why.

On Point Blog
On Point Blog
A Former Bike Gang Member Explains "The Life"
Tuesday, May 19, 2015

Larry called in from Lawrenceburg, KY and told us he was once a member of the Pagan’s Motorcycle Club, a mid-Atlantic biker gang. He didn’t sugar coat the facts as he explained the draw of the brotherhood and what makes the outlaw motorcycle corner the underworld go round.

More »
Comment
 
Our Week In The Web: May 15, 2015
Friday, May 15, 2015

We cancel a few hours and suddenly all of you get convinced of a global radio conspiracy! Plus, dragon zoos.

More »
1 Comment
 
Caller: ‘It Doesn’t Always Turn Out Okay’
Wednesday, May 13, 2015

One caller shares her own story of an extremely premature birth. Her daughter, born at 22 1/2 weeks in 2012, was taken off life support after seven days.

More »
Comment