📊 Chart of the week: China's share of global #emissions and #energy over time 💭 How can #China's #overcapacity problem be remedied? 📝 By @aligarciaherrero.bsky.social and Haoxin M. 🔗 buff.ly/vs7UkdN #EconSky

🌍 What will happen to #poverty targeting if the EU's #development instrument is redesigned to serve a broader set of strategic objectives in the new #MFF? 📝 Read the Analysis by Costanza Greppi Maturana and @niclaspoitiers.bsky.social 🔗 buff.ly/ARAXWuT #EconSky

📦️ Europe's China shock 2.0 ‼️ A record surplus, a fractured response and the limits of Brussels' ambitions 🗣️ @aligarciaherrero.bsky.social in conversation with host @yuyunzhan.bsky.social and Philippe Le Corre 🔗 Listen to the podcast: www.bruegel.org/podcast/euro... #EconSky

Last week, we published a @Bruegel.org analysis on the EU's oil supply. 🔗 www.bruegel.org/analysis/eur... with Thomas Mramor, @tagliapietra.bsky.social and @gzachmann.bsky.social. A short 🧵 below 👇 1/

Very excited about our 𝘂𝗽𝗰𝗼𝗺𝗶𝗻𝗴 𝗲𝘃𝗲𝗻𝘁 on #tax and #aid, and how donors can better support #DRM. We'll be joined by an outstanding panel: • Pascal Saint-Amans (Bruegel) • Mary Baine (ATAF) • Joe Stead (OECD) • Uwe Böwer (European Commission) Hope to see many of you there on 𝗝𝘂𝗹𝘆 𝟮𝗻𝗱. 👇

📊 Aid, taxes and state capacity: the future of Domestic Revenue Mobilisation 🗓️ 02 July 2026 13:00-14:00 At this event, Pascal Saint-Amans (Bruegel) discusses the past, present and future of donor support for DRM with Mary Baine (ATAF) and Joe Stead (OECD). 🔗Register: buff.ly/zJvyOIJ

📢 NEW PODCAST: Europe's China shock 2.0 @yuyunzhan.bsky.social & @aligarciaherrero.bsky.social invite Philippe Le Corre to examine the growing tensions at the heart of European Union-China relations. 🔗 Listen now: buff.ly/uHWyRAn #EconSky

🔊 STARTING NOW   🪙 National pension reforms: what has worked and what hasn’t?   💡 How to design transformational national reforms?   🗣️ With Axel Boersch-Supan, @zsoltdarvas.bsky.social, @jfkirkegaard.bsky.social, @marie-lappe.bsky.social & Henrik Munck   🔗 buff.ly/fAFEbVg

A decade on from Brexit, what has changed for UK trade & UK attitudes to trade? What are the results of the UK’s autonomous trade policy? 🎧 👉 shorturl.fm/3MGMm @emilylydgate.bsky.social, Ignacio B @bruegel.org, @anandmenon.bsky.social, Allie R @secnewgateuk.bsky.social, @chrishorseman.bsky.social

🏗️ #China's clean-energy industrial strategy has successfully achieved unparalleled production capacity, but it has also exposed internal contradictions. 💭 How can China's overcapacity problem be remedied? 📝 By @aligarciaherrero.bsky.social and Haoxin M. 🔗 buff.ly/vs7UkdN #EconSky

💶🏛️[ONLINE EVENT] Finance Focus: Quantifying the benefits of reducing EU banking system fragmentation 🗓️26 June 2026 15:00-16:00 CEST @veron.bsky.social invites @damiencapelle.bsky.social (IMF) to discuss the benefits of reducing EU banking systems fragmentation. #EconSky 🔗Register buff.ly/KVpc9Kb

✨️ Some highlights from our event: How to catalyse global climate ambition? 🗣️ Chaired by @tagliapietra.bsky.social with Yasmine Moezinia, Gerassimos Thomas, Rhian-Mari Thomas, & @gzachmann.bsky.social 🎥 Catch up on the full recording! 🔗 buff.ly/MM7WMtL

The #US-#China AI race isn't just about #chips. #Nvidia's real moat is #CUDA — the software layer locking in developers. Huawei attacking it wiith open-sourced CANN, #DeepSeek as the on-ramp. Contest shifting to who controls full stack. #Europe absent. My @Bruegel_org analysis w/ Bertin Martens 👇

🏦 Should the European Central Bank slow down quantitative tightening? The #ECB could slow down QT in response to currently tight financial conditions, but should communicate its intentions with care 📑 Read the Analysis by Mahmood Pradhan 🔗 buff.ly/G78k2Zf #EconSky

🖥️ Stack battles: the US-China artificial-intelligence rivalry is moving beyond chips alone Can #China challenge #US dominance in both #AI hardware and software? 🔍 Read the Analysis by @aligarciaherrero.bsky.social and Bertin Martens 🔗 buff.ly/xo7O2iQ #EconSky

The economists of the future are on the podcast of today - this episode is a winner, give it a spin.

I am big fan of @bruegel.org papers. Accurate, sound, well explained… In this one, making clear why investing in climate action and preparedness & resilience is so important. Txs @heathergrabbe.bsky.social and @gzachmann.bsky.social.

Climate impacts will become a structural macro-fiscal problem. With low private insurance, EU governments are sleepwalking into becoming disaster insurers of last resort. Our @bruegel.org Policy Brief on mitigating rising fiscal costs of climate disasters. 🔗 www.bruegel.org/policy-brief... 🧵1/10

🔔 JUNE UPDATE: Global trade tracker 💭 How have global trade flows shifted in the first months of 2026? 🔗 buff.ly/EkQwgTK 🖋️ Madalena Barata da Rocha, @zsoltdarvas.bsky.social , Costanza Greppi Maturana & @marie-lappe.bsky.social #EconSky

This week’s heatwave shows how temperatures and rainfall patterns that used to be considered extremes are becoming the norm. But climate disasters don't have to become fiscal crises if EU countries plan better for adaptation investments and risk-sharing: see www.bruegel.org/policy-brief...

↗️AI, demographics and China 🌐 How young economists see the big challenges of our times 🗣️ Théo Storella in conversation with host @rebeccawire.bsky.social, Maria Catarina Louro and @tschenk.bsky.social. 🔗 Listen to the podcast now: buff.ly/FcOKINW

♻️ Green finance or financing green? Bridging the EU’s sustainable-finance and capital-market architectures Sustainable finance rules risk becoming costly compliance unless the EU aligns disclosure with market policy and global standards 📑 By @rebeccawire.bsky.social 🔗 buff.ly/XZjIaI3 #EconSky

📊 Chart of the week: Annual EU direct economic losses from extreme weather and climate events 📑 By @heathergrabbe.bsky.social, @keliauskaite.bsky.social, @marie-lappe.bsky.social, @iremonas.bsky.social, Massimo Tavoni and @gzachmann.bsky.social 🔗 buff.ly/QN0cs5M #EconSky

International carbon credits are back on the EU's agenda. We prepared a taxonomy of key risks associated with project-based international carbon crediting. Spoiler: A lot of things went wrong in the past, and some problems of project-based credits are structural. www.bruegel.org/analysis/buy...

🏭 Buyer beware: a taxonomy of the risks of international carbon credits As the EU reintegrates international carbon credits into its climate framework, understanding the associated risks is essential 💡 By Maximilian Fuchs, Thomas Mramor and @gzachmann.bsky.social 🔗 buff.ly/XOYLlln #EconSky

Here is our article which I co-author with Soumitra Dutta talking about #Europe and the #AI dependency risk, published in First Glance series by @bruegel.org. www.bruegel.org/first-glance...

📢 Live now! 🟢 How to catalyse global climate ambition? 🗣️ @tagliapietra.bsky.social @gzachmann.bsky.social Yasmine  Moezinia, Gerassimos Thomas & Rhian-Mari Thomas 🎥 Tune into the livestream: www.bruegel.org/event/coalit...

🔔 JUNE UPDATE: 2026 European energy crisis fiscal response tracker 💭 How are European governments responding to the 2026 energy shock? 📊 Explore the updated dataset by @bmcwilliams.bsky.social, Thomas Mramor, @aroth.bsky.social and @tagliapietra.bsky.social 🔗 buff.ly/HlVKMkJ #EconSky

💽 With the risks of dependence on foreign #AI infrastructure growing clearer, what options exist for countries lacking the means to develop domestic alternatives? 🗞️ By @aligarciaherrero.bsky.social and Soumitra Dutta 🔗 buff.ly/QWKvSIy #EconSky

🚘 40% of new cars in the UK are electric. Battery electric vehicles made up 26% and plug-in hybrids 14% of new cars registered in April. ➡️ Under current rules, 80 percent of newly registered cars must be zero-emissions vehicles by 2030. The government is considering revising these requirements.

Four in ten new cars sold in the UK are electric. The government is reportedly considering weakening EV targets, but consumer demand continues to grow.

↗️ AI, demographics and China 🎙️In this week's episode, @rebeccawire.bsky.social discusses with Bruegel’s young economists Maria Catarina Louro, Théo Storella and @tschenk.bsky.social about the future of economics and the big challenges of our times. 👂Listen to the podcast now:

⚡ The #energy shock for which there is no playbook The US-Iran conflict may be ending but coping with its inflation and fiscal consequences will be challenging for months ahead 🔍️ First Glance by Gene Frieda 🔗 buff.ly/V5To1xz #EconSky

📊📍Aid, taxes and state capacity: the future of Domestic Revenue Mobilisation 🗓️ 02 July 2026 13:00-14:00 (CEST) At this event, Pascal Saint-Amans (Bruegel) discusses the past, present and future of donor support for DRM with Mary Baine (ATAF) and Joe Stead (OECD). 🔗Register: buff.ly/zJvyOIJ

📌National pension reforms: what has worked and what hasn’t? 🗓️23 June 13:00-14:15 @jfkirkegaard.bsky.social discusses with Axel Boersch-Supan (MEA Share), @zsoltdarvas.bsky.social, Marie-Sophie Lappe and Henrik Munck (S&P) some of the most important pension reform lessons. 🔗https://buff.ly/45qIHvK

⛈️ What action can be taken at the national and European levels to strengthen prevention and adaptation finance? 📑 By @heathergrabbe.bsky.social, @keliauskaite.bsky.social, @marie-lappe.bsky.social, @iremonas.bsky.social, Massimo Tavoni and @gzachmann.bsky.social 🔗 buff.ly/QN0cs5M #EconSky

🔔 UPDATED: Russian foreign trade tracker 📈 Russian mineral fuel exports to China, Turkey and Brazil rose sharply in April 2026, reaching 37.6% annual growth. 🔗 buff.ly/OOEZHm1 🖊️ Anna Bahí, Madalena Barata Da Rocha and @zsoltdarvas.bsky.social #EconSky

🫸 The #UK is still not ready for real rapprochement with the European Union 💭 What are realistic next steps for improving relations? 🔍 Read the First Glance by Jesper Berg, @rebeccawire.bsky.social and @hansgeeroms.bsky.social 🔗 buff.ly/HxD9f3l #EconSky

📉 With falling commercial and emergency oil reserves, Europe’s oil price shock could soon become a volume crisis – a scenario for which it must prepare 🔍 Analysis by Thomas Mramor, @aroth.bsky.social, @tagliapietra.bsky.social and @gzachmann.bsky.social 🔗 buff.ly/Jelb0Yt #EconSky

NEW🚨A US-Iran deal leading to the reopening of the Strait of Hormuz will not fix the world’s oil supply problem overnight. Also in Europe, the oil price crisis could still turn into a volume crisis - and we need to prepare for such scenario. www.bruegel.org/analysis/eur...

❗What you need to know about ETS ❓How does the EU’s emissions trading system work and what changes are coming? 🗣️ @floramarchioro.bsky.social in conversation with host @rebeccawire.bsky.social & @tagliapietra.bsky.social 🔗 Listen to the podcast now: buff.ly/6zc62ua

📊 Chart of the week: Evolution of Team Europe’s aid 🔍 How have external policy drivers begun to reshape EU development cooperation after Global Gateway? 📑 By Anna Bahí Esteba, @roeldom.bsky.social, @niclaspoitiers.bsky.social and @camille-reverdy.bsky.social 🔗 buff.ly/eWVKKwe #EconSky

🛢️ When oil is scarce and debt is binding: policy sequencing under a severe energy supply shock If temporary monetary-fiscal coordination is feasible, it should be pre-committed, conditional and bounded by a published exit rule. 📑 Working Paper by Gene Frieda 🔗 buff.ly/XKrbNEd #EconSky

⌨️ To achieve tech sovereignty, Europe must not mimic its rivals ✂️ To cut its dependence on US and Chinese tech, Europe is copying their protectionism: raising costs, inviting retaliation and missing the real fix 📑 Read the First Glance by @digitalmario.bsky.social buff.ly/H65Zbmq

My new Bruegel paper on how to improve AI regulation in Europe

⚖️ A recalibration of the EU's #AI regulation towards a balanced mix of ex-ante and ex-post measures would more effectively prevent AI-related harm while reducing market distortion. 🔖 By @digitalmario.bsky.social 🔗 www.bruegel.org/policy-brief... #EconSky

NEW PODCAST 🎙️ This year, the EU will start the review of its key climate policy instrument, the ETS. In this new podcast, we discuss what this is all about - and why it matters. Also a good occasion to get to know @floramarchioro.bsky.social, our new climate policy fellow. bsky.app/profile/brue...

Macron and Merz propose a #phased EU enlargement: #singlemarket access #before accession, conditional on a broad package of #reforms. For this to work, their plan needs to be coupled with António Costa’s call to curb #veto power that can stall reform progress.

💡What you need to know about ETS 🎙️ In this episode of The Sound of Economics, @rebeccawire.bsky.social speaks with Bruegel’s @tagliapietra.bsky.social & Flora Marchioro about the EU’s pathbreaking carbon trading scheme. 👂 Listen to the podcast now: buff.ly/6zc62ua

📝 The European Commission’s recommitment to better regulation is yet to be proven 🔍 As it acts to simplify regulation, the Commission must ensure policy is evidence-based, using sound analysis and consultation to inform its approach. First Glance by Anne Bucher 🔗 buff.ly/7INper5 #EconSky