Niclas Poitiers
@niclaspoitiers.bsky.social
đ¤ 375
đĽ 425
đ 13
Research Fellow at Bruegel, working on European Trade and Industrial Policy
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Niclas Poitiers
Nicolas Veron
5 days ago
A few quick thoughts about this morning's decision. Don't believe the spin from various Russians & others: it's a big deal. The EU has now unambiguously demonstrated that it is able and willing to provide the external financial support Ukraine needs, for as long and as much as it takes. (1/N)
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Guntram Wolff
5 days ago
Most important is that Ukraine gets the money. Huge deal for EU: 1) if you want to do EU foreign policy, you need EU resources and debt.
#EUCO
delivered 2) First time this EU debt was decided without unanimity as far as I can remember
www.consilium.europa.eu/media/wqmkno...
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https://www.consilium.europa.eu/media/wqmknoh4/en-20251218-european-council-conclusions.pdf
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Max Bergmann
5 days ago
Thereâs gonna be a lot of hyperbolic talk about EU failing to meet the moment, yada, yada. But a 90 BILLION EU loan is a huge step for the EU and Ukraine! Europe just borrowed for war! EU crossed the joint borrowing rubicon. And they can still do the reparations loan in 2026.
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Holger Hestermeyer
5 days ago
Here's a quick reminder of the composition of the economy of countries that are all too often perceived as agricultural: Italy: 65.6% services, 21.7% industry - 2% agriculture France: 70.4% services, 17.5% industry - 1.4% agriculture Austria: 65.3% services, 23.1% industry - 1.2% agriculture
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Our World in Data
8 days ago
GDP per capita has doubled in all three Baltic states since 2000â Since 2000, GDP per capita has doubled in all three Baltic states: Estonia, Latvia, and Lithuania (where it has nearly tripled).
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Lucas Guttenberg
8 days ago
Is Germany again dragging its feet and undermining a "simple" solution to the Ukraine financing problem, instead pushing the ubercomplex reparations loan? It's a tempting eurocrisis reflex that if only there were a will in Berlin, there would be a better way. But there isn't. Here is why:
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Guntram Wolff
9 days ago
One big topic this week: the
#Mercosur
agreement. It would be absolutely appaling if the
#EU
again delayed. France should drop its absurd call for yet another delay. We have been debating this agreement for 25 years and yes, there are lot's of safeguards for special interests already.
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Gabriel Zucman
12 days ago
It has become received wisdom in Brussels and Washington that there is a new âeuro-sclerosisâ: that the EU economy is lagging the US This view is wrong A little primer on the measurement of productivity â and why reports of the economic death of Europe are greatly exaggeratedđ§ľ
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Sarah Cohodes
about 1 month ago
When we focus on the "brilliance" of unaccountable perpetrators, we are forgoing the brilliance of the young people deterred from their fields
bsky.app/profile/coho...
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Finbarr Bermingham
about 2 months ago
Germany's unlikely new China hawk - president of central bank, has found his wings. Nagel says EU should be ready to retaliate against Beijing If retaliation is a last resort, âI would say, okay, we have to be strong and have to take a bold decision"
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Bundesbank Head Says EU Must Be Ready to Retaliate Against China
Bundesbank President Joachim Nagel said he hopes that Europe can overcome trade difficulties with China, but should be ready to take firm action if necessary.
https://www.bloomberg.com/news/articles/2025-10-24/bundesbank-s-nagel-hopes-for-deal-not-conflict-with-china
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This was always a central flaw in the European chips policy: it chased the flashy smartphone chips whereas what Europe industry really depends on is much more mundane
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2 months ago
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Max Bergmann
2 months ago
European Council summits are often treated by outside observers as foreign policy-style summits, especially when issues like frozen Russian assets are discussed. But really this is like domestic legislating. There's always haggling. This is how the EU sausage gets made.
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Etienne HĂśra
2 months ago
High time to get rid of the 'bazooka' framing. The ACI is not a magic weapon. It's a new procedural way of threatening retaliation and then imposing it. The effect really depends on the threats the EU is willing to make. Currently we're mainly deterring ourselves with the military analogies.
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Luca LĂŠry Moffat
2 months ago
Ukraine's central bank has held the country's exchange rate relatively stable in the last year after the initial volatility caused by Russiaâs full-scale invasion. But that might be about to change. Read more:
kyivindependent.com/will-ukraine...
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Simone Tagliapietra
2 months ago
đ Heat pumps are a key enabler of buildings decarbonisation. After a jump during the energy crisis, their deployment has slowed-down. Reversing this is key for climate, security and competitiveness, as Europe is a leading manufacturer of the technology. See:
european-clean-tech-tracker.bruegel.org
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Ludger Woessmann
2 months ago
âĄ9.-Klässler:innen 2024 vs. 2018: Mathe -24âŹď¸ Bio -24âŹď¸ Chemie -24âŹď¸ Physik -23âŹď¸ Die neuen Ergebnisse des IQB-Bildungstrends. Ganz grob gesprochen: 9.-Klässler:innen liegen heute etwa auf Niveau der 8.-Klässler:innen noch vor 6 Jahren. 1/3
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Finbarr Bermingham
2 months ago
Bloomberg: EU considering forcing Chinese firms to hand over tech to European companies if they want to operate locally. as part of a legislative proposal called the Industrial Accelerator Act - expected in November
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EU Considers Forced Tech Transfers for New Chinese Investments
The European Union is considering forcing Chinese firms to hand over technology to European companies if they want to operate locally, in an aggressive new push to make the blocâs industry more competitive.
https://www.bloomberg.com/news/articles/2025-10-14/eu-considers-forced-tech-transfers-for-new-chinese-investments
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Bruegel
2 months ago
đ Congratulations to former Bruegel Fellow Philippe Aghion for being awarded the
@riksbank.se
Nobel Prize in Economic Sciences đĄ In 2009, Aghion co-authored a Policy Brief on 'No green growth without innovation', co-authored with Reinhilde Veugelers and David HĂŠmous đ
buff.ly/yXNJqEg
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No green growth without innovation
This Policy Brief is a reissue of a Policy Brief published by Bruegel in November 2009
https://buff.ly/yXNJqEg
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Nicolai von Ondarza
2 months ago
Looking back at yesterday's motions of censure against the EU Commission, they really drove down how France's political crisis is spilling over into the EU: -> Both the far-left and the far-right motions of censures came from French MEPs, uploading their fight against 'centrists'
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Christian Odendahl
3 months ago
As
#France
is without government once more, it is worth remembering that its total bilateral support for
#Ukraine
is less than that of Sweden, Denmark and the Netherlands. Not combined. Individually, and in âŹbn not % of GDP.
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Max Bergmann
3 months ago
So much of the coverage of the EU is hyper-micro. It's all about the sausage making. So story out of Copenhagen European Council is "dithering," "all talk, no action," nothing fully agreed, etc. It's an effing meeting! Take a step back... they are moving on Eurobonds/frozen Russian assets. 1/
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Bruegel
3 months ago
đ˘ COVID-19âs economic impact on low-income countries: preparing for the next shock âď¸đĽ How can vulnerable countries better withstand shocks in an era of heightened uncertainty? đď¸
@niclaspoitiers.bsky.social
and Costanza Greppi Maturana đ
buff.ly/Tj41aPW
#EconSky
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COVID-19âs economic impact on low-income countries: preparing for the next shock
COVID-19 hit low-income exporters hard, exposing risks from weak diversification and straining trade, supply systems and financial stability
https://buff.ly/Tj41aPW
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RETHINK-GSC
3 months ago
đĄ đđťđťđźđđŽđđśđźđť đśđ đ¸đ˛đ đđź đżđ˛đđśđšđśđ˛đťđ đđđ˝đ˝đšđ đ°đľđŽđśđťđ! Stronger research investment, better knowledge transfer, + policies linking trade, tax + innovation are key to resilience. đ˝ď¸More:
www.youtube.com/watch?v=t6P7...
#SupplyChains
#Innovation
#EUResearch
@horizoneu.bsky.social
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Rethinking Global Supply Chains | Complexity matters
YouTube video by Kiel Institute for the World Economy
https://www.youtube.com/watch?v=t6P76kmaSMU
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Nicolai von Ondarza
3 months ago
Whether it wants to or not, the EU is quickly being drawn into a mode of needing to contribute to the security of its members. Here we have von der Leyen proclaiming that "We" will respond to every provocation and signaling the further investments in the EU's & NATO's Eastern flank:
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Bruegel
3 months ago
đď¸ EU foreign direct investment, explained
@rebeccawire.bsky.social
discusses with
@niclaspoitiers.bsky.social
& Damien Levie from European Commission's DG Trade on what is at stake as talks start on how to revise the FDI rules.
#EconSky
Listen to the podcast:
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EU foreign direct investment, explained
How can the EU coordinate national screening procedures in key sectors when outside investors want to buy in?
https://buff.ly/l3uX6bx
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Garvan Walshe
3 months ago
Important stuff here by
@jeremycliffe.bsky.social
on the regional elections in NRW, Germany. Youâll see a lot of stories about a âfar right surgeâ (the FT has one this morning). But that happened a couple of years ago. These results record voter shifts that already happened. 1/
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Simone Tagliapietra
3 months ago
JOB POSTING đź As we keep expanding our work on energy, climate and clean tech, we at Bruegel - Improving economic policy are now searching for a climate economist to complement our team. Please share/apply!
www.bruegel.org/careers/clim...
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Climate economist
Deadline for applications: applications will be reviewed on a rolling basis
https://www.bruegel.org/careers/climate-economist
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Bruegel
4 months ago
đą Towards a Green Procurement Union: trade-offs and strategic choices đ 24 Sep 2025 13:00-14:00 CET On a new Bruegel paper about public procurement and green transition w/
@niclaspoitiers.bsky.social
, Anna Cavazzini,
@francesconicoli.bsky.social
, Oliver K. Saltoft & Marta Toporek đ
buff.ly/MIEhPwz
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Ben McWilliams
4 months ago
đ Electric vehicle sales grow steadily across Europe. In June, 26% of newly registered cars were electric (compares to 20% in Jun24). Italy and Spain lag the average. Germany edges in front. Belgium, Netherlands and Denmark are far ahead.
european-clean-tech-tracker.bruegel.org/technology/e...
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Alicia Garcia Herrero čžčĽżäş
4 months ago
Some reflections from
@bruegel.org
#BAM
. I am sorry for
#Draghi
,
#Letta
, and others trying to wake up
#European
leaders. Complacency reigns as the economic and political situation deteriorates. We are responsible for our mess and cannot expect any support, on the contrary.
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Finbarr Bermingham
4 months ago
@niclaspoitiers.bsky.social
, a trade expert at Bruegel, a Belgian think tank, said the EACO description was âa bit harshâ but acknowledged âthereâs some truth to itâ. âIt doesnât matter whether itâs fair, the point is deterrence. If itâs not a credible threat... itâs not a deterrent"
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Dave Jones
4 months ago
NEW: The first evidence of a solar take-off in Africaâď¸âď¸ x33 rise in Algeria solar panel imports in the 12 mths to June 2025, compared to previous 12 mths. x8 in Zambia x7 in Botswana x6 in Sudan x3 in each of Liberia, DRC, Benin, Angola, Ethiopia đ§ľ
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Finbarr Bermingham
4 months ago
NEW: EU and US publish joint statement on trade deal. Language relating to China in this short thread:
policy.trade.ec.europa.eu/news/joint-s...
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Joint Statement on a United States-European Union framework on an agreement on reciprocal, fair and balanced trade
The United States and the European Union are pleased to announce that they have agreed on a Framework on an Agreement on Reciprocal, Fair, and Balanced Trade ('Framework Agreement').
https://policy.trade.ec.europa.eu/news/joint-statement-united-states-european-union-framework-agreement-reciprocal-fair-and-balanced-trade-2025-08-21_en
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Jean Pisani-Ferry
4 months ago
"Trump has switched the United Statesâ role from global insurer to extractor of profit". The recent piece by
@adamposen.bsky.social
in
#ForeignAffairs
lucidly spells out the consequences: damaging for everyone, including the US, but less so for
#China
.
www.foreignaffairs.com/united-state...
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The New Economic Geography
Who profits in a post-American world?
https://www.foreignaffairs.com/united-states/new-economic-geography-posen
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Silvia Merler
4 months ago
#Bruegel
is republishing the classics and Iâm super proud that this paper by
@pisaniferry.bsky.social
and myself made the cut. It took a lot of work on then-obscure central bank liquidity data, but it changed the way we look at capital flows within monetary union.
www.bruegel.org/policy-brief...
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Sudden stops in the euro area
Internal balance-of-payment crises should be taken as a strong signal of weakness and a wake-up call to reform euro area structures
https://www.bruegel.org/policy-brief/sudden-stops-euro-area-0
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Mona Paulsen
4 months ago
I hope the China hawks are comfortable knowing their security concerns have a price tag.
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Holger Hestermeyer
5 months ago
The survival of any âdealâ with Trump ultimately depends on whether he insists on his unreal, unhinged statements - or whether these are just triumphalist brags that are removed from reality, but he will later simply declare the FDI inflow to be the triumph he declared before /1
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Lot's of excitement about Trumps IEEPA tariffs right now, but how long they will last is anyone's guess. It seems more likely than not that they will be rejected by the appeals court in just a few weeks. In the end it will be in the hand of the supreme court
www.piie.com/blogs/realti...
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Trump tariffs and the courts: Round 2
The Federal Circuit Court heard oral arguments today on whether the US president can declare a national emergency and put tariffs on pretty much everything anyone imports into the country. The outcome...
https://www.piie.com/blogs/realtime-economics/2025/trump-tariffs-and-courts-round-2
5 months ago
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Nicolai von Ondarza
5 months ago
For whatever it is worth, in my view the EU should judge its self-perception on whatever crazy tariff or Ukraine/Russia policy Trump puts forward, in which the story might still change every day. The real question is whether the EU itself can get its act together.
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Aslak Berg
5 months ago
There was a lot of commentary, including from myself, that the EU got the same deal as Japan. Turns out that was wrong - they got a better deal.
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Bruegel
5 months ago
CALL FOR APPLICATIONS We are looking for one Economist and one Data Scientist to work on energy and climate topics. Applications are reviewed on a rolling basisâapply now! 1ď¸âŁ Data scientist:
buff.ly/bP72njr
2ď¸âŁ Economist:
buff.ly/qOdMnkf
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Max Roser
5 months ago
Most electricity in the Netherlands now comes from renewables. This is today's
@ourworldindata.org
Data Insight from my colleague
@simonvanteutem.bsky.social
. All our Data Insights are here:
ourworldindata.org/data-insights
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Great paper on the European automotive sector, bringing some nuance to a shrill debate
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5 months ago
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Christian Odendahl
5 months ago
âInstead of pointing fingers, the critics should roll up their sleeves.â Our leader on the EU-US trade deal.
economist.com/leaders/2025...
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What opponents of the EU-US trade deal get wrong
Internal reform matters more than external trade
https://economist.com/leaders/2025/07/30/what-opponents-of-the-eu-us-trade-deal-get-wrong
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Bruegel
5 months ago
WE ARE HIRING! Bruegel is looking for a skilled Operations Assistant for its office in Brussels to undertake various day-to-day office and operations tasks. đ Apply before Wednesday 13th August 2025, 23:59 CET:
www.bruegel.org/careers/oper...
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Jason Furman
5 months ago
In sum, in the first half of this year GDP was relatively weak (1.2%) and core inflation was relatively high (3.0%). This is not a catastrophic recession or inflation but it is a cause for serious concern--and a real quandary for the Fed.
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Antonio Fatas
5 months ago
Germany is deliberately alternating between positive and negative growth each quarter just to mock those fixated on the technical definition of a recession.
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Finbarr Bermingham
5 months ago
âThe EU-US deal shows the shambles of European foreign policy. You canât ring-fence the economy from defence â if you are dependent in your security you wonât be autonomous in commerce,â said Niclas Poitiers, a trade specialist at Bruegel, a Belgian think tank.
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Finbarr Bermingham
5 months ago
US confirming EU carve out on pharma and chips probes under 232. So EU tariffs stay at 15% as reported
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Simone Tagliapietra
5 months ago
It's hard to see how the energy component of the EU-US trade deal can be fulfilled. EU total energy imports from the US amounted to around $70 billion in 2024. The deal implies to suddenly more than triple this volume for the next 3 years. This is unlikely for both demand & supply reasons (1/4)
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