• Commentary
  • Research
  • Experts
  • Events
Carnegie China logoCarnegie lettermark logo
{
  "authors": [
    "Pierre Vimont"
  ],
  "type": "legacyinthemedia",
  "centerAffiliationAll": "dc",
  "centers": [
    "Carnegie Endowment for International Peace",
    "Carnegie Europe"
  ],
  "collections": [
    "EU Integration and Enlargement"
  ],
  "englishNewsletterAll": "ctw",
  "nonEnglishNewsletterAll": "",
  "primaryCenter": "Carnegie Europe",
  "programAffiliation": "EP",
  "programs": [
    "Europe"
  ],
  "projects": [],
  "regions": [
    "Europe",
    "Western Europe",
    "Iran"
  ],
  "topics": [
    "EU",
    "Economy"
  ]
}

Source: Getty

In The Media
Carnegie Europe

EU Divisions: Is “Eurogeddon” Just a Matter of Time?

The Greek crisis is the most difficult test the EU has ever had to face; it cannot be solved by austerity alone.

Link Copied
By Pierre Vimont
Published on Jul 16, 2015

Source: Euronews

The threat of Greece leaving the EU, or a “Grexit,” has deeply shaken Europe.

While officials prepared for a worse case scenario, eurosceptic leaders were cheering, like Nigel Farage from the UK Independence Party.

Is the Greek crisis only the starkest example of a multi-speed Europe headed for a downsizing or even extinction?

European leaders are also deeply divided over migration.

And will Spain be the next crisis? With elections there in autumn, euro-sceptic parties have surged in the polls amid anger over EU-mandated austerity policies.

On The Network, these issues are debated by Pavel Telicka, a Czech MEP and Vice President of the Alliance of Liberals and Democrats or ALDE; Pierre Vimont of the think tank Carnegie Europe and a former diplomat; and Pablo Bustinduy, co-ordinator of the European parliament delegation of Podemos, the Spanish leftist party.

This broadcast was originally aired on Euronews’s The Network.

About the Author

Pierre Vimont

Senior Fellow, Carnegie Europe

Pierre Vimont is a senior fellow at Carnegie Europe. His research focuses on the European Neighborhood Policy, transatlantic relations, and French foreign policy.

    Recent Work

  • Article
    Separable, not Separate: Governing Europe’s Collective Defense

      Hans-Dieter Lucas, Adam Thomson, Pierre Vimont

  • Commentary
    European Security Strategy: In Search of a New Ambition

      Pierre Vimont

Pierre Vimont
Senior Fellow, Carnegie Europe
Pierre Vimont
EUEconomyEuropeWestern EuropeIran

Carnegie does not take institutional positions on public policy issues; the views represented herein are those of the author(s) and do not necessarily reflect the views of Carnegie, its staff, or its trustees.

More Work from Carnegie China

  • Article
    Can China Turn Its Small Modular Reactor Ambitions into Commercial Reality?

    China has showcased its engineering prowess with small modular reactor demonstration projects. But turning these technological achievements into commercial success will be a greater challenge.

      Tong Zhao

  • Commentary
    China Financial Markets
    The Plaza Accord and Its Relevance for China

    The Plaza Accord was not an externally imposed punishment of Japan but part of a broader restructuring that Japanese economists and policymakers themselves recognized was necessary. Its effects were undermined, however, when Tokyo responded to the resulting slowdown with policies that exacerbated investment, credit expansion, and the very imbalances the adjustment was intended to resolve.

      Michael Pettis

  • Commentary
    China Financial Markets
    Who Paid for China’s Last Debt Cleanup, and Who Will Pay for the Next?

    China’s banking crisis in the 2000s was resolved by transferring the costs to households through financial repression—a decision that recapitalized the banks while exacerbating the structural imbalances that continue to shape the Chinese economy today.

      Michael Pettis

  • Xi walking into a room with people standing and applauding around him
    Commentary
    Emissary
    The Xi Doctrine Zeros in on “High-Quality Development” for China’s Economic Future

    In the latest Five-Year Plan, the Chinese president cements the shift to an innovation-driven economy over a consumption-driven one.

      • Damien Ma

      Damien Ma

  • Commentary
    How China’s Growth Model Determines Its Climate Performance

    Rather than climate ambitions, compatibility with investment and exports is why China supports both green and high-emission technologies.

      Mathias Larsen

Get more news and analysis from
Carnegie China
Carnegie China logo, white
Keck Seng Tower133 Cecil Street #10-01ASingapore, 069535Phone: +65 9650 7648
  • Research
  • About
  • Experts
  • Events
  • Contact
  • Careers
  • Privacy
  • For Media
Get more news and analysis from
Carnegie China
© 2026 Carnegie Endowment for International Peace. All rights reserved.