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Dec 17, 2024 | 
ft.com | Alicia Garcia-Herrero
The writer is chief economist for Asia Pacific at Natixis and senior research fellow at Bruegel The Chinese economy has been struggling...
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Dec 9, 2024 | 
cyprus-mail.com | Alicia Garcia-Herrero |Juan Lopez |Juan López |Jean Christou |Tom Cleaver
By Alicia García-Herrero and Juan Mejino Lopez The European Union needs to adapt its emergency funding mechanisms to the increasing number and severity of climate catastrophes. Devastating flooding in Valencia, Spain, in October 2024 was a symptom of climate change and may be repeated elsewhere – to increasingly disastrous effect. More funding will be needed to react and adapt to such events as their economic costs are substantial and increasing.
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Dec 9, 2024 | 
bruegel.org | Alicia Garcia-Herrero |Juan Lopez |Juan López |Guntram B. Wolff |Marek Dabrowski
IntroductionThe European Forum Alpbach is an annual conference, staged since the 1940s in Austria, where the challenges faced by Europe and the European Union are discussed. At the 2024 forum (17-30 August 2024), Bruegel participated as a Track Reporting Partner covering the finance and economy track. This article summarises the discussions relating to six issues within that track. The six issues, which are in line with Bruegel’s Research Programme 2024/2025, were:The evolution of inequality.
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Dec 4, 2024 | 
bruegel.org | Emmanuel Mourlon-Druol |Alicia Garcia-Herrero |Juan Lopez |Juan López |Zsolt Darvas
In this episode of The Sound of Economics, Rebecca Christie invites Johanna Breuer, Emmanuel Mourlon-Druol and Federico Fabbrini to delve into the intricate dynamics of European public goods and how to pay for them. Together, they explore the historical, legal, and political foundations of joint European financing—tracing its evolution from the post-WWII period to recent crises like the pandemic and the war in Ukraine. Relevant publication:Mourlon-Druol, E.
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Oct 31, 2024 | 
bruegel.org | Alicia Garcia-Herrero
The European Union-China relationship has deteriorated markedly since the EU introduced a three-part strategy in 2019 based on partnership, competition and systemic rivalry. Th e relationship has been undermined by China’s support for Russia’s aggression in Ukraine and its increasingly anti-Western foreign policy that aims to alter the international rules-based system.
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Oct 29, 2024 | 
bruegel.org | Alicia Garcia-Herrero |Zsolt Darvas
Ask your question on Sli.do #elections24Join Bruegel’s Heather Grabbe, Fiona Scott Morton and Guntram Wolff for a special live broadcast of the Sound of Economics podcast, hosted by Rebecca Christie, to discuss next steps after the U.S. elections on Nov. 5. How will Europe work with the new President and new Congress? What will this mean for Ukraine? What will each side prioritize to stay competitive? Join us for a Europe-centric view from both sides of the Atlantic.
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Oct 20, 2024 | 
thewirechina.com | Alicia Garcia-Herrero |Ella Apostoaie
After a tight vote in favor of keeping in place countervailing duties on electric vehicles (EVs) imported from China on October 4, the European Commission is now in negotiations with China to see if a compromise can be reached over the amount of its EVs which may enter the European single market, and under what conditions.
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Oct 18, 2024 | 
jamestown.org | Alicia Garcia-Herrero
Executive Summary:Two major developments have followed the Third Plenum in July. First, a series of economic data releases indicated that the plenum had done nothing to improve the country’s short-term outlook. Second, a series of stimulus measures were announced over a two-week period, that have so far failed to reinvigorate the economy.
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Oct 16, 2024 | 
bruegel.org | Alicia Garcia-Herrero
While the term Japanification is usually taken negatively, Japan actually managed a very challenging economic situation with an ageing population and low productivity growth.
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Oct 14, 2024 | 
bruegel.org | Jean Pisani-Ferry |Alicia Garcia-Herrero
The French draft budget for 2025 was finally presented formally on 10 October. As the government of prime minister Michel Barnier was appointed only on 21 September, the new finance and budget ministers, Antoine Armand and Laurent Saint-Martin, had little time to put together their proposals. Many revenue and expenditure features of the new draft budget are defined in rough terms only, and modifications will no doubt be introduced when the parliament discusses the plan.
