The eurozone's sovereign-debt crisis both reflects and reinforces a banking crisis, most glaringly in Spain, but also in Italy, Ireland, and Greece. By instituting a common regulatory framework, the European Commission's proposal for a eurozone-wide banking union aims to sever the link between public debt and banks' solvency. Will it be enough to bring long-term stability to the eurozone?
The Scramble for Syria
Carla Norrlöf
explains how America and its allies should respond to the demise of the country's longstanding dictatorship.
