After months of uncertainty with regard the Greek economy, the May 10 creation of a nearly-$1 trillion emergency funding facility to stabilize the euro gave markets a positive jolt and some reassurance over the short-term future of Greek debt...This recent action is only a temporary solution to the much larger problem of public deficits in Europe, and many long-term concerns remain about the future of the euro and the euro zone.

Belgian Prime Minister Yves Leterme says the creation of a European Union foreign minister — the job currently held by the U.K.'s Catherine Ashton — has freed him up to conduct what he calls "economic diplomacy."

How countries are adapting foreign policy strategies and public diplomacy resources in today's globalized environment.