Reading the Draghi report. It's well-written and clear, with a focus on industrial policy and investment. Striking how trade policy is clearly subordinated to industrial policy - we're in a different era now.

Draghi’s strategic economic growth agenda for the EU does not disappoint. It channels aspects of the thinking of Jean Monnet (EU defense integration), Jacques Delors (EU single market) and Bidenomics (cleantech / economic security). But above all, Draghi’s own vision. 🧵

“I have the concepts of a plan and you will be hearing more in the near future.”

EU Chamber of Commerce in China publishes 1000 (!) recommendations to the Chinese government on how to improve the business environment. If someone gave me 1000 recommendations on how I could do better I might consider changing jobs europeanchamber.com.cn/en/publication…

Bank transfers in the UK make the US banking system seem like a joke. Having instantaneous transfers directly between banks 24/7 without any intermediaries seems like magic - A lot of US fintech is just compensating for antiquated basic banking.

If Americans had a better payment system, maybe they’d stop inflicting PayPal on everyone else

Americans are making fun of how Brits pronounce Leicester and Southwark as if they’re not perfectly aware of the existence of Nuyawk City

Looking forward to hosting this

Brexit is having “profound and ongoing” negative impact on UK goods exports and imports, latest Jun Du analysis finds. No one lives in the counter factual world, but leaving single marks continues to cost UK. And 2023 was worse! 1/2 on.ft.com/4gpd3qd

New research by Jun Du and team shows on-going Brexit damage to goods trade, evidencing the economic case for a quick but ambitious UK-EU reset.

Last year, Draghi was given a task: figure out why Europe’s economy is struggling. The results of his investigation: stagnant productivity, little innovation, high energy prices, brutal competition in global markets. Sound familiar to German ears?🧵 1/8 x.com/lucasguttenber…

Our take on the Draghi report is out now - it is largely positive as the report calls for much-needed investment and reform, and a nuanced approach to industrial policy. If Europe wants a return to growth, it needs to act. But with respect to trade policy specifically, the

Incredible. “Hundreds of members of the Lebanese armed group Hezbollah, including fighters and medics, were seriously wounded on Tuesday when the pagers they use to communicate exploded, a security source told Reuters.” reuters.com/world/middle-e…

The best review of the Draghi Report that I have read till now. Congratulations @cer_eu.

An underrated aspect of the EEA model is the extent so much of the motivation for choosing EEA membership over EU membership driven by particular concerns about agriculture and fishing that just don't apply to the UK.

JOIN US – 24/9/24 - CER/Bruegel hybrid launch of 'Europe's banking union at ten: Unfinished yet transformative' by Nicolas Veron Email [email protected] for info & registration