Bruegel
@Bruegel_org
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Independent and non-doctrinal international economics think-tank with a mission to improve economic policy. RT ≠ endorsement
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어린이날
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"Every multinational must now be looking at how to reduce its dependence on China" - Alicia García-Herrero
>>
44
835
965
Those claiming Hong Kong is no longer important to China don't show the full story. We need to look beyond GDP and consider China's soft spot: access to foreign capital with a relatively closed capital account - writes
@Aligarciaherrer
>>
5
86
130
🇷🇺 ECONOMY
"Voluntary sanctions are hitting Russia really badly" -
@sguriev
gives an overview of the state of the Russian economy in the aftermath of the invasion of Ukraine. w/
@mariademertzis
&
@GuntramWolff
👉
2
14
134
🔔PRESS RELEASE
Jeromin Zettelmeyer
@jzettelmeyer
has been appointed by Bruegel’s board to succeed Guntram Wolff
@GuntramWolff
as our director, starting in September 2022.
16
32
133
🇪🇺 ENERGY PRICES
Diederik Samsom (
@TimmermansEU
@EUClimateAction
): We have paid too little for our energy and food in the last 40 years, and will need to start paying more. Watch the full recording w/
@GuntramWolff
@GeorgZachmann
👉
15
127
115
🇷🇺 ECONOMY
"Russia was a modern country a few weeks ago and not it's back to 1990-1991" -
@sguriev
gives an overview of the state of the Russian economy in the aftermath of the invasion of Ukraine. w/
@mariademertzis
&
@GuntramWolff
👉
7
15
112
Erkki Liikanen is Bruegel's new chairman.
"I am grateful to Jean-Claude Trichet for his intellectual curiosity, his defence of intellectual independence, his wise guidance; and look forward to working with
@LiikanenErkki
" -
@GuntramWolff
PR:
4
24
118
The
#BREXIT
Game:
#negotiations
are beginning to look like a “prisoners’ dilemma”, where both parties have an incentive to be uncooperative, risking an outcome that would be unfavourable for all.
@mariademertzis
&
@viegi_nic
#EUCO
#eucouncil
#Brexiters
10
83
99
The diverging paths of nonperforming loans in Europe & US show contrasts in policy.
1
11
72
🚜 FOOD SECURITY
The full impact of the war in Ukraine on food security will not be felt until next crop season. Listed are the 20 countries most exposed to a global food supply shock.
@PaulineWeil
@GeorgZachmann
👉
8
33
82
"Nobody explained to British people what
#Brexit
meant". A selection of charts from our scholars.
4
77
78
🚨 ⛽️ NEW
The European Union should apply a tariff on imports of Russian oil; it can be accompanied by a quota for a gradual, conditional phase-out of all Russian oil imports.
@DavidKleimann
@McwilliamsBen
&
@GeorgZachmann
3
27
79
Theresa
#May
says UK will leave
#SingleMarket
, yet 7 out of 10 UK's top-10 trading partners belong to the EU
#brexit
13
145
72
European income inequality begins to fall once again according to the Gini coefficient of income inequality in the EU and the US between 1988-2016
@ZsoltDarvas
6
80
76
Estonia, Greece, Poland, UK & USA = The only
#NATO
members above 2% target for defense spending in 2015
7
100
73
CO2 emissions per person per km traveled:
🛩️Domestic flight: 254g
✈️Long-haul flight: 195g
🚘Car with 1 person: 171g
🚐Bus: 104g
🚗Car with 4 people: 43g
🚃Train: 41g
🚄High-speed train: 6g
Source:
@DefraGovUK
5
50
70
Italy is the only EU country with Greece where real GDP is now below its 2000 level
6
179
61
“If the European Union can mediate effectively to resolve current Greek-Turkish tensions over energy in the Eastern Mediterranean, it could also provide an opportunity to tackle more deep-rooted problems.” NEW BLOG by
@MLEurope
:
4
24
62
📊 CHART
Second wave lockdowns caused much less economic damage than the first and brought the transmission down to similar levels
🗣️
@ojblanchard1
and
@pisaniferry
👉
3
26
60
Estonia, Greece, Poland, UK & USA = The only
#NATO
members above 2% target for defense spending in 2015
6
108
57
MISSED THE EVENT? | Watch the recording of the discussion on the
#FutureOfEurope
with
@yanisvaroufakis
, the first in a series of events with
#Spitzenkandidaten
organised jointly by Bruegel and
@FinancialTimes
. >>
#EP2019
0
20
55
How did Bruegel perform in the 2019 Global Go To Think Tank Index Report?
🥇 Think tank worldwide (outside the US)
🥇 Think tank in Western Europe
🥇 Top international economic policy think tank
🥇 Think tank with outstanding policy-oriented research programs
4
9
57
CHART | Decline in manufacturing employment is not US-specific but a common trend in all advanced economies:
2
91
47
#Greek
GDP fell much more than was foreseen in the adjustment programmes
http://t.co/Uw0lgCf8mL
http://t.co/s0nBJzn1j1
12
110
55
CHART | Decline in manufacturing employment is not US-specific but a common trend in all advanced economies:
6
68
46
🇪🇺 ENERGY DEPENDENCE
Short-term cost of reducing energy dependence on 🇷🇺 could amount to €100 billion: €50 billion to rebuild reserves plus €25 billion extra cost of other supplies plus €25 billion for intra-EU distribution
@pisaniferry
👉
4
18
47
LIVE NOW: Nobel laureate for economics Esther Duflo on how to devise good economics for harder times
#BAM20
5
42
49
Gazprom charges higher prices in countries that are more dependent on Russian gas
http://t.co/hV147D31po
http://t.co/a65byAmYHV
9
105
45
Theresa
#May
says UK will leave
#SingleMarket
, yet 7 out of 10 UK's top-10 trading partners belong to the EU
#brexit
6
113
46
What will the EU industrial policy look like in times of the coronavirus?
Together with
@FinancialTimes
, we are bringing you a discussion between
@ThierryBreton
,
@GuntramWolff
, and
@Sam1Fleming
.
Join now:
0
32
45
"Today's the opening of a Pandora box. Poland will turn to this kind of argument and say: “even the Germans do it, we don’t have to obey claims of the supremacy of EU law”. This is extremely catastrophic. The ECJ must react: they can’t just let this happen" -
@prof_mayer
#BVerfG
LIVE NOW: The Second Senate of the Federal Constitutional Court granted several constitutional complaints directed against the Public Sector Purchase Programme of the European Central Bank.
Join the analysis w/
@GuntramWolff
@prof_mayer
&
@porcarorama
3
8
13
5
22
46
🇪🇺 GAS DEMAND
Replacement of Russian gas by LNG has largely reached its limit. Lower imports from Russia can now only be met by reducing EU gas demand.
@GeorgZachmann
@McwilliamsBen
👉
2
22
46
WATCH 📺 Political change in Belarus also requires deep economic reforms - what next for the country? | Conversation with Aleś Alachnovič adv. to
@Tsihanouskaya
,
@anders_aslund
, Marek Dabrowski, Vassilis Maragos and
@elinaribakova
@CASE_research
0
10
44
🚨 NEW BLOG
Russia has recorded a record trade surplus, but more than half of its increase is due to the collapse of imports, which could undermine the Russian economy’s productive capacity.
@ZsoltDarvas
@_Cat_Martins
0
18
42
A fascinating essay on US monetary & financial history and lessons for Europe
0
34
42
1
64
41
🇷🇺 SANCTIONS
Different EU countries would be affected to different degrees by sanctions on Russian exports. The EU should design support policies for the most-affected countries.
@5mgrzegorczyk
@nfPoitiers
@GuntramWolff
@PaulineWeil
👉
0
14
41
30 NOVEMBER |How
#EU
and Member States should make the European project relevant to citizens?
#BruegelEvent
discussing the future of
#Europe
with
@kmitsotakis
-
@neademokratia
&
@jyrkikatainen
-
@EU_Commission
.
#AskBruegel
and follow the Livestream >>
0
21
36
#Norway
,
#Switzerland
see Europe's highest net
#immigration
,
#France
among lowest
http://t.co/i0LyjhoiZM
http://t.co/lWwomBmmQe
8
99
35
⛽️GAS FLOWS
The 🇪🇺 gas market continues to function resiliently as 🇷🇺 gas disappears from the system. However it faces 4 major coordination problems that require government intervention.
@McwilliamsBen
@GSgaravatti
@GeorgZachmann
@Tagliapietra_S
👉
7
25
39
LIVE IN 10 MINUTES 📣
@TimmermansEU
will give a keynote address on The Green Deal as Europe's growth strategy.
#BAM20
5
13
38
Italy is the only EU country with Greece where real GDP is now below its 2000 level
9
143
37
REGISTER 📆 Political change in 🇧🇾 also requires deep economic reforms - what next for the country? | Join us in conversation Aleś Alachnovič adv. to
@Tsihanouskaya
@anders_aslund
, Marek Dabrowski, Vassilis Maragos and
@elinaribakova
@CASE_research
👉
0
3
39
#Greek
GDP fell much more than was foreseen in the adjustment programmes
http://t.co/sjsu13Kl3N
#grexit
http://t.co/IDfFkL4VXA
6
130
37
Estonia, Greece, Poland, UK & USA = The only
#NATO
members above 2% target for defense spending in 2015
4
71
32
#Greek
GDP fell much more than was foreseen in the adjustment programmes
http://t.co/GV1uFUQNpr
#grexit
http://t.co/mljaFyqP7a
6
103
38
📰 Aiming for zero COVID-19: Europe needs to take action
Open Letter
@BaryPradelski
@FLAHAULT
@JVLazarus
@GuntramWolff
@devisridhar
@melanieheard11
@BrinkmannLab
@Ba_Serrano
@LacombeKarine1
@jljcolorado
@mayer_iras
@matjazperc
@toniroldanm
@OliuBarton
...
1
22
38
LIVE NOW: On the eve of the Eurogroup meeting on a European response to the ongoing health crisis and the ensuing economic crisis, we sit down with
@PaoloGentiloni
to discuss.
With
@GuntramWolff
and
@FinancialTimes
'
@MehreenKhn
4
20
37
🔢 NATIONAL RECOVERY PLANS DATASET 🇪🇺
Our new dataset of 23 European Union countries’ recovery and resilience plans is now available to view! Watch this space for further assessment and analysis!
1
21
37
📅 ECONOMIC CONSEQUENCES OF WAR
@sguriev
joins
@mariademertzis
&
@GuntramWolff
to discuss how the Russian invasion of Ukraine will affect the economies of Russia and the world.
🕑 10 March - 10:00 CET
0
7
35
CHART | Decline in manufacturing employment is not US-specific but a common trend in all advanced economies:
1
42
35
MISSED THE EVENT? | Watch the recording of the discussion on the
#FutureOfEurope
with
@yanisvaroufakis
, the first in a series of events with
#Spitzenkandidaten
organised jointly by Bruegel and
@FinancialTimes
. >>
#EP2019
1
17
33
LIVE NOW: Economic reform in Belarus: how can we overcome old legacies and dependency and what can Europe do?
W/ Aleś Alachnovič adv. to
@Tsihanouskaya
@anders_aslund
Marek Dabrowski, Vassilis Maragos &
@elinaribakova
@CASE_research
0
7
36
CHART | Decline in manufacturing employment is not US-specific but a common trend in all advanced economies:
0
44
34
👋Bruegel wishes to extend a warm welcome to
@LucreziaReichli
,
@PSaintAmans
,
@elinaribakova
,
@lugaricano
and
@SMerler
who begin today as Non-resident Fellows.
Read more about these Fellows and their work below 👇🧵
3
7
35
1
42
29
WATCH 📽️ Political change in Belarus also requires deep economic reforms - what next for the country? | Conversation with Aleś Alachnovič adv. to
@Tsihanouskaya
,
@anders_aslund
, Marek Dabrowski, Vassilis Maragos and
@elinaribakova
@CASE_research
✔️
1
13
35
📉 JOB BURNOUT
One way to improve policy models would be to measure worker outcomes (like burnout) as a check of whether policy interventions in job quality succeed in improving worker well-being.
@mia_hoffmann_
@LauraNurski
👉
0
11
34
🔢 🇪🇺 NATIONAL RECOVERY PLANS
So far 🇬🇷🇮🇹🇷🇴 have requested the full amount available to them, while 🇨🇾🇵🇱🇵🇹🇸🇮 have requested between 16% and 37% of the loans available to them. Countries have until until 31 August 2023 to request loans 👉
1
18
35
(1/7) 🚨 Analysis of the 🇫🇷🇮🇹🇩🇪🇪🇸 recovery plans
"Plans for spending European Union recovery funds submitted by the four largest EU countries reflect rather different priorities."
By
@ZsoltDarvas
@Tagliapietra_S
2
23
35
Where are migrants in Europe moving to, from and through?
http://t.co/eQfXBMoHXq
http://t.co/1RYVEDiMTy
10
77
31
CHART | Territorial heterogeneity is far greater in UK than in any other EU country
2
34
31
🚨 ⛽️ NEW
🇪🇺 can manage without 🇷🇺 gas next winter, but must be united in taking difficult decisions, accepting that in many cases it won’t have enough time for perfect solutions.
@McwilliamsBen
@GSgaravatti
@Tagliapietra_S
@GeorgZachmann
3
24
33
Italy is the only EU country with Greece where real GDP is now below its 2000 level
1
107
31
How many barrels of oil did EU countries consume each day in 2017?
🇩🇪 Germany: 2,450,000
🇫🇷 France: 1,736,000
🇬🇧 Britain: 1,596,000
🇪🇸 Spain: 1,297,000
🇮🇹 Italy: 1,244,000
🇳🇱 Netherlands: 946,000
🇵🇱 Poland: 658,000
🇧🇪 Belgium: 637,000
🇸🇪 Sweden: 327,000
🇬🇷 Greece: 303,000
2
20
33
NEW |Rankings according to Gross National Income per head
#GNI
of the
#EU
countries: The sad stories of
#Greece
and
#Italy
. Blog post by
@FrancescoPapad1
,
#dataviz
by
@BergaminiEnrico
>>
1
25
32
We just got the print proofs of Memos to the new EU leadership written by Bruegel scholars, edited by
@mariademertzis
@GuntramWolff
. Stay tuned & register here to get your copy at the launch on 4 September:
@vonderleyen
@Lagarde
@EP_President
4
12
33
ESSAY | What US monetary & financial history can teach us about Europe’s monetary union
0
20
30
📅 ECONOMIC CONSEQUENCES OF WAR
@sguriev
joins
@porcarorama
&
@GuntramWolff
to discuss how the Russian invasion of Ukraine will affect the economies of Russia and the world.
🕑 10 March - 10:00 CET
1
6
31
LIVE NOW:
@GuntramWolff
,
@LiikanenErkki
, Janet Yellen, Jean-Claude Trichet and Zhou Xiaochuan ask what monetary policy will look like after the pandemic.
#BAM20
3
22
32
Italy is the only EU country with Greece where real GDP is now below its 2000 level
5
106
31
Rankings according to Gross National Income per head
#GNI
of the
#EU
countries: The sad stories of
#Greece
and
#Italy
. Blog post by
@FrancescoPapad1
,
#dataviz
by
@BergaminiEnrico
>>
0
26
29
The
#BREXIT
Game:
#negotiations
are beginning to look like a “prisoners’ dilemma”, where both parties have an incentive to be uncooperative, risking an outcome that would be unfavourable for all.
@mariademertzis
&
@viegi_nic
>>
3
32
29
This post focuses on the Sparkassen's structural links and relationships with elected politicians. Three findings which do not appear to have been specifically documented previously stand out. Read the blog by
@JonasMarkgraf
&
@nicolas_veron
>>
1
13
29
NEW | An analysis of the Commission Proposal for the next budget of the Union by
@ZsoltDarvas
1
14
30
What have been the different fiscal responses to the economic fallout from the Coronavirus? Here's a glimpse. Check our regularly updated dataset by
@ZsoltDarvas
,
@MartaDomnguezJ1
,
@BergaminiEnrico
,
@juliaVanderson
and
@alienorcameron
.
>>
3
26
30
European income inequality begins to fall once again according to the Gini coefficient of income inequality in the EU and the US between 1988-2016
@ZsoltDarvas
0
28
30
⛽️ GAS
In the short-run and taking the EU as an aggregate, the bloc will likely be able to survive a dramatic disruption to Russian gas imports.
@McwilliamsBen
@GSgaravatti
@Tagliapietra_S
@GeorgZachmann
👉
1
12
27
🏭 MAP
Industrialisation in 19th c Europe “closely coincided with the geological distribution of coal beneath the ground”. To this day, the map of ferrous metal facilities still closely mirrors that of active coal mines.
@McwilliamsBen
@GeorgZachmann
👉
1
12
30
🚨 NEW
If Russian gas stops flowing, measures to replace supply won’t be enough. The European Union will need to curb demand, implying difficult and costly decisions.
@McwilliamsBen
@GSgaravatti
@Tagliapietra_S
@GeorgZachmann
1
17
30
Bruegel is proud to be recognised as a vibrant laboratory dedicated to its mission to improve economic policy with open and fact-based research, analysis and debate.
@TTCSP
3
9
29
"Everyone now agrees that pushing
#Greece
to pay its private creditors was a bad idea"
http://t.co/TUzStH3eae
http://t.co/sZpHe6MuOe
4
42
28
INFOGRAPHIC 📉
#COVID19
is destroying youth employment in the EU: policymakers must act to avoid Europe’s youth suffering the scarring effect. | Blog by
@5mgrzegorczyk
and
@GuntramWolff
➡️
0
13
28
🚨 JOB OPENING
We are looking for a new director to take on from
@GuntramWolff
! They will be heading a team of over 65 passionate individuals including 40 leading scholars with transparency and integrity.
Further information here👉
0
12
29
The
#BREXIT
Game:
#negotiations
are beginning to look like a “prisoners’ dilemma”, where both parties have an incentive to be uncooperative, risking an outcome that would be unfavourable for all.
@mariademertzis
&
@viegi_nic
#EUCO
#eucouncil
#Brexiters
2
25
28
🇪🇺 SANCTIONS
The EU has only sanctioned four of the top 10 Russian banks that do not include Sberbank, adding up to only a quarter of total Russian banking assets.
@JoshKirschGMF
&
@nicolas_veron
👉
1
18
26
#NordStream2
could destabilise
#EU
#energy
cooperation & offer Gazprom excessive influence in Europe
@GEORGZACHMANN
0
17
25
What is the World most afraid of? Mapping global risk perceptions with
@SMerler
http://t.co/OJt6E94FHX
http://t.co/uWGZS1sUxv
5
32
27
Electricity market integration has substantial benefits that will improve the resilience and enable the transition of Europe’s energy system
Policy brief by
@GeorgZachmann
,
@CarlosBatIIe
,
@MoMorawiecka
,
@maurerchr
, Fabien Roques & Francois Beaude out now
1
9
28
"Everyone now agrees that pushing
#Greece
to pay its private creditors was a bad idea"
http://t.co/wnJstNs3Eu
http://t.co/0gYwfJz5MH
6
56
26
🇨🇳📊 GRAPH
American and European businesses continue to be engaged in China’s large and growing market, even amid a trade war between China and the United States. Read the full publication from Uri Dadush and Pauline Weil here 👉
1
3
24
🚨 NEW DATASET
Monthly natural gas demand by EU country, with a breakdown of the power, industry and household sectors -
@McwilliamsBen
@GeorgZachmann
0
6
26
Italy is the only EU country with Greece where real GDP is now below its 2000 level
2
82
25
European income inequality begins to fall once again according to the Gini coefficient of income inequality in the EU and the US between 1988-2016
@ZsoltDarvas
4
41
28