This piece is still very relevant for the EU as well! In the transition process, citizens are held hostage by a combinaison of energy experts, macro economists and fiscal ausierity devouts. www.theguardian.com/commentisfre...

"The obvious conclusion is that decarbonising Europe’s energy system is both more necessary and more achievable than previously thought. Instead, leaders seem tempted to pull back from that task"

Boris Vujčić just secured a solid 87.1% majority from the European Parliament for his ECB Vice-Presidency. 🗳️ Compared to the rocky paths of recent nominees, this appointment has noticeably reasonably consensual. Good luck to him! #ECB

🇨🇭Last weekend the Swiss voted: 73% in favour of right to use physical cash in the Constitution 62% to reject proposed reduction in public media budgets I love the Swiss democratic system www.politico.eu/article/swit... www.bbc.com/news/article...

🚨 The European Parliament is about to miss a critical chance to solve the housing crisis as it prepares to vote on the HOUS committee report. The report misdiagnoses the problem and pushes for deregulation. 🏗️🏘️

As Italy approves a decree to reimburse gas plants for carbon costs and gas prices jump 80%, it’s worth recalling that in 2018 both Italian and Spanish power prices were tightly linked to gas. Since then, Spain has largely decoupled, mainly thanks to renewables. Italy hasn’t.

A report by the French National Assembly has proposes to reinforce further the role of the ECB on climate change. greencentralbanking.com/2026/03/03/f...

Just when a stronger euro would be helpful to attenuate the rise in oil & gas prices... #EURUSD

TTF natural gas prices jumped today by about 20% for deliveries this year: [for following years increase is much smaller]

New: Drones are redrawing the map of war in Ukraine. Relentless surveillance has pushed the battlefield 20km beyond the front, in both directions. Supplies arrive by drone; the wounded leave by robot. This is the “kill zone” — and the future of warfare. 👉 ft.com/kill-zone

As a French citizen, I understood the logic behind François Villeroy de Galhau’s decision to step down early. The appointment of a Banque de France Governor is essentially a one-person decision, making the process highly sensitive to a change in the Elysée. But this is different.

"Crédit Agricole did not sufficiently assess the materiality of its climate-related and environmental risks" by 75 full days after the deadline set after an investigation in 2024, the ECB said. www.lemonde.fr/en/climate/a...

Extremely good summary of the implications of the US administration obsession for having a weak dollar on the global financial order: www.phenomenalworld.org/analysis/tru...

Mi artículo en @financialtimes.com. Es el momento de que Europa cree un verdadero activo refugio y refuerce su soberanía financiera. Un amplio mercado de deuda de la UE bajaría costes, impulsaría la inversión y elevaria el papel del euro. Hora de cruzar el Rubicón.

“Tradition is something that is a reflection of the reality of the past,” Nagel said when asked about the Bundesbank’s shift, stressing that Europe’s security has not been as threatened as today since World War II. “Now we have a different reality.” #Eurobonds #StrategicAutonomy

🪙💶Nice to see this amendment being adopted by very large majority earlier today in the European Parliament 👏 #DigitalEuro #StartegicAutonomy

The German Bundestag is planning a major move away from dependence on Microsoft & Co. towards Open Source and digital autonomy. A significant step for German IT infrastructure. www.heise.de/news/Operati...

Today, from around 18.00 CET, MEPs will discuss with @ecb.europa.eu President Christine Lagarde in plenary. Follow live: europarl.europa.eu/plenary/en/h...

Wow big move. A very clear and deliberate move to allow Emmanuel Macron to appoint the next governor, instead of leaving this gift to the next (possibly far-right) President. Some lessons from recent US events are being taken...

💶 Is the Digital Euro essential for Europe's sovereignty? Latest Clark Center poll shows 57% of European top economists agree: without a retail CBDC, Europe risks losing control of its monetary system to US Big Tech & stablecoins. Full results: kentclarkcenter.org/surveys/digi... #DigitalEuro

12% of French people trust the national parliament. Wow😮

" il ne sera pas possible que les deux devises (dollar et yuan) soient faibles en même temps." www.lemonde.fr/economie/art...

“Undoubtedly we’re going to have to think really carefully about how we soft-land those industries that go away, so some sort of UBI, some sort of life-long learning mechanism as well so people can retrain" www.ft.com/content/3ebc...

Article limpide sur l'indépendance des banques centrales ! Dans le contexte européen, le problème n'est pas l'indépendance de la BCE mais l'absence quasi totale de débat démocratique sur son mandat depuis 1992 et le Traité de Maastricht... www.alternatives-economiques.fr/anne-laure-d...

Something interesting and good is happening to the euro www.ft.com/content/1ad4...

Not that anyone asked me but, yes, Warsh is obviously an unqualified hack. In terms of the impact he could have on policy, however, there aren't enough Trump appointees on the current FOMC for the commitee to be pursuaded by Chairman Warsh on policy. paulkrugman.substack.com/p/a-bad-heir...

Good news 💶🪴#ECB

EXCLUSIVE: Slovak PM Robert Fico said he was shocked at Donald Trump's state of mind after Mar-a-Lago meeting. 🔗 www.politico.eu/article/dona...

Thank you for the important work you do @vjaybomb.bsky.social

Ultimately you're not supposed to believe it. It not mattering is the point. The bolder the lie, the greater the impunity. The ultimate victory for evil is not convincing you, it's the truth being irrelevant.

U.S. diplomats asked a French magistrate last year whether she could intervene over Marine Le Pen’s election ban. The previously unreported details of the meeting will refocus attention on American efforts to back the European far right. 🔗 #[politi.co/4qxwpy9

Well said Mark Carney: "when we only negotiate bilaterally with a hegemon, we negotiate from weakness. We accept what's offered. We compete with each other to be the most accommodating. This is not sovereignty. It's the performance of sovereignty while accepting subordination."

The Prime Minister of Belgium speaks:

Trump veut faire élire Marine Le Pen ou Jordan Bardella ! On n’est plus dans de la fiction ou une théorie du complot, mais face à une réalité quand on entend, ce soir, le témoignage de la magistrate Magali Lafourcade. Et c'est flippant ! 😰

#Greenland #Trump

Interrogé par le sénateur Jean-Raymond Hugonet, le Gouverneur de la Banque de France réagit à la lettre ouverte des 70 économistes sur l'euro numérique parue dimanche dans le FT : #DigitalEuro #BCE

Don’t believe the hype on Russian growth. 🔹Oil and gas revenues down 50%. 🔹The Kremlin is hiking taxes and covertly printing money & National Welfare Fund hits rock bottom. 🔹80% of Russians are now worse off than before the invasion. @martinsandbu.ft.com www.ft.com/content/8abe...

70 economists, including Thomas Piketty and 2 former central bank governors warn that Europe must launch a digital euro to resist "deepening US control" of money. A public digital euro must be accessible, private, and work online and offline to serve society 👍 www.ft.com/content/b060...

🚘New record! Over 30% of all new cars registered in the EU were electric last November. The trend is supported by steady growth in German and French markets and a sharp jump in Italy. You can navigate the dataset in our Bruegel European Clean Tech Tracker: european-clean-tech-tracker.bruegel.org

Excellent résumé ! "L’euro numérique n’a rien de spectaculaire. Et pourtant, il est au cœur d’un choix fondamental : voulons-nous que le paiement reste un service public, sûr, transparent et démocratiquement contrôlé ? Ou acceptons-nous qu’il soit entièrement abandonné à des intérêts privés ? "

Bon passage en revue des options pour verdir la politique monétaire. Il s'agirait de basculer d'une approche basée sur le risque financier à une approach plus proactive, orientée directement sur la facilitation des canaux de financement de la transition.

One of the most important battles for Europe's sovereignty and progressive macroeconomics this year: www.ft.com/content/99a7...

“The demand is there. People like night trains. They think they’re better for the environment or more efficient — that’s not the issue. The problem is the limitations and bureaucracy of the railway system.” www.politico.eu/article/why-...

25% of gross final energy consumption in the EU came from renewable sources in 2024, up by 0.7 percentage points compared with 2023. This is falling short of the 2.9 pp annual increase required to meet the 2030 targets.🙁 ec.europa.eu/eurostat/web...

Les armes décisives contre les pétro-agressions russes, américaines, et autres à venir. Nous sommes bien à l'âge de l'écologie de guerre.

Some thoughts on what Trump has done in Venezuela and what it might mean for US national security. Caveat: not a Latin America scholar so this is focused on US policy. Clearly huge consequences for Venezuela that others can address. First, despite the buildup, I didn't think Trump would do it. 1/

Avoirs russes : l'Europe, bloquée par ses vieux traités de protection des investissements ou pourquoi 6 organisations européennes portent plainte contre 4 Etats membres 🧵 THREAD | www.alternatives-economiques.fr/avoirs-russe...

The EC’s long-awaited "Grids Package" is finally out. Moving toward a system-oriented approach for Europe's infrastructure is the right step, but it won't work in a black box. In my latest for @bruegel.org, I argue why transparency is important to making this effective.

Only one of the world’s four most powerful monetary authorities is acting as though the climate transition is a problem for #CentralBanks: The People's Bank of #China. @mathiaslarsen.bsky.social @granthamlse.bsky.social & @james7jackson.bsky.social @manchester.ac.uk for @lsebr.bsky.social.

The debate on central bank independence too often caricatural and polarized by extreme positions. In this op-ed with @sebmang.bsky.social we try to strike a fine balance, and argue that the best way to defend central bank independence is to reinvent it at the same time.