Director @Bruegel_org. Retweeting does not imply endorsement
Brussels, Belgium
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Jeromin Zettelmeyer retweeted
If not now, then when?
European defence governance and financing
Philipp Hildebrand @blackrock, Hélène Rey @helene_rey @LBS, Moritz Schularick @MSchularick @kielinstitute @sciencespo @ScPoEcon
ow.ly/Xx7R50Xuxst
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Die dem Handelsblatt-Artikel zugrundeliegende Analyse von Armin Steinbach und mit ist hier zu finden: bruegel.org/analysis/germany…
Schlechte Nachrichtrn für @larsklingbeil: ohne eine erneute Reform der EU Schuldenregeln wird Deutschland von seinem Schuldenprogramme nicht viel ausgeben können.
handelsblatt.com/100123475.h… #
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Jeromin Zettelmeyer retweeted
Schlechte Nachrichtrn für @larsklingbeil: ohne eine erneute Reform der EU Schuldenregeln wird Deutschland von seinem Schuldenprogramme nicht viel ausgeben können.
handelsblatt.com/100123475.h… #
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In an important new paper, picked up by the FT (ft.com/content/6019eb37-cc83…), Patrick Bolton and Bruegel fellow Alissa Kleinnijenhuis make the economic case for a New Common Quantified Goal of Climate Finance based on the economic self-interest of advanced countries
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The intuition, based on our June 2024 Bruegel Policy brief (bruegel.org/policy-brief/eco…) is clear: economic losses from carbon emissions are especially high in countries that are richer, and hence have more to lose.
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Paying for decarbonisation of the Global South is therefore in the self interest of even a small coalition of advanced countries and the EU. This COP must deliver an agreement on a meaningful new goal for North-South climate finance..@AKleinnijenhuis
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Jeromin Zettelmeyer retweeted
Stunning data by @Bruegel_org and the @rhodium_group: The EU has twice the solar capacity of the US, but the same solar electricity production (because it locates PV where there is little sun.... @Tagliapietra_S
bruegel.org/analysis/transat…
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Jeromin Zettelmeyer retweeted
Das deutsche politische System muss seine Komfortzone verlassen - eine europäische Rüstungsstrategie wäre günstiger - mein Beitrag im @handelsblatt handelsblatt.com/100070255.h…
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It finally happened. My friend and former colleague Yan Liu, one of the world's finest legal minds, was appointed General Council of the IMF. Congratulations, Yan. Even greater congratulations to the IMF and its staff. imf.org/en/News/Articles/202…
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On Monday at 12:30 CET, I will have pleasure and honour of discussing the Draghi report with the man himself. Please join us for the livestream!
bruegel.org/event/future-eur…
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Jeromin Zettelmeyer retweeted
In this new @Bruegel_org paper, we are (a) attempting to make sense of the debate on competitiveness, (b) assessing the situation of the #EU, and (c) making proposals for a new approach. @jzettelmeyer @GeorgZachmann. bruegel.org/external-publica…
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A well-argued case for common European defense procurement by Guntram Wolff, who is rejoining Bruegel as senior fellow on March 1. Welcome back, Guntram!
Why we need a European armament commissioner and not a defence commissioner. Resistance will be big: just like in banking union, military procurement touches a core area of national sovereignty and vested interests. politico.eu/article/european…
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For all I can tell, US economic nationalism seems to have gone off
the rails at this point Biden calls for investigation of Nippon Steel’s bid for US Steel on.ft.com/4avKpk3
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The Council has reached a compromise on the reform of the EU fiscal rules. It’s a reasonable outcome. In some respects, it improves on the Commission’s April proposal. In others, it is worse. But it remains a big step forward compared to the current rules.
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While member states are happy to have the European Fiscal Board look over the shoulders of the Commission, they are clearly not happy to have national fiscal board look over their own shoulders.
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Here is @ZsoltDarvas, @lennardwelslau and my preliminary assessment of the fiscal adjustment consequences of the Council compromise (in higher resolution than the original post, and with a small correction):
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