The European Union is debating the creation of a European Monetary Fund. It would allow member states facing financial difficulties to borrow money at low interest rates under strict conditions regarding budget cuts. The financing would occur through the member states. The proposal was made in reaction to the Greek financial crisis and is meant to provide an institutionalised solution to deal with further problems instead of relying on ad hoc measures.

While Germany is supportive of the idea, France remained cautious, calling the proposal “an interesting idea, but no priority”. The European Central Bank reacted sceptically, demanding further information.

The Weekly Press Digest "Foreign Policy in Focus" and the Online-Archive were created as two elements of the internet platform on German and European foreign policy. While the Digest and the Archive remain operational, the portal as such was closed as of the end of October 2008. This concerns specifically our quarterly journal "Foreign Policy in Dialogue" and all other resources available on this website (such as the online bibliography, the dossiers and the link-list) which are no longer updated and serviced regularly.

We are grateful to the ASKO-EUROPA STIFTUNG in Saarbruecken for its support and funding since the portal´s launch in 1998. Without the Foundation's support the creation and operation of this website for almost a decade would not have been possible. Throughout this period, www.deutsche-aussenpolitik.de was located at and operated by the Chair for International Relations and Foreign Policy at the University of Trier.

On this website you will find all content produced and published in the context of the project from 1998 to October 2008. The Weekly Press Digest will continue to appear regularly, usually every week, and the Archive will also be serviced and up-dated continuously. Both remain accessible through this website.

We would like to thank all our regular visitors and subscribers for their interest and trust in our work.

Your team of "www.deutsche-aussenpolitik.de"

This archive contains media articles and primary documents on German foreign policy. It can be searched by title, author, keyword and full-text.