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The author wrote that, in light of the Euro debt crisis that France and other countries were heading towards, the ECB needed a clear direction, especially in Germany's interest. He described Klingbeil's suggestion of his party colleague Sabine Mauderer and the blocking of leading economists like Markus Ökonom as a disaster. #EuroSchulden #EZB #Wirtschaft #FR #DE (translated)

A comment criticizes the increasing tendency of many economists to not only intervene in economic policy debates but also to want to actively influence political decisions, which blurs the lines between professional advice and personal evaluation. #Politikberatung #Ökonomen #Wirtschaftspolitik (translated)

Andrea Thoma-Böck supported Axel Bojanowski, who had accused Habeck and Graichen in a WELT commentary of betraying Germany's interests. She wrote that those responsible should not be portrayed as mere victims of a regrettable mistake. The Ministry of Economics had already noted internally in July 2022 that the continued operation of nuclear power plants could reduce electricity prices and make network operation safer, alongside minimal gas savings. Andreas Lenz also accused the responsible parties of acting against better knowledge and of having not seriously examined the option of continued operation. Thoma-Böck extended the responsibility to economists and advisors, NGOs, corporate executives, and business associations. She accused them of having scientifically legitimized the political course, promoted it, or not having expressed their opposition effectively enough. According to her portrayal, German energy policy had shut down CO₂-low nuclear power plants and had allowed the boiler houses of a modern coal-fired power plant in Moorburg to be blown up, while now state-funded gas power plants were supposed to ensure reliable electricity supply. Citizens and companies would bear the costs for this, she wrote. She also criticized Friedrich Merz for having promised during the election campaign to examine the recommissioning of the last nuclear power plants, but now considers the exit as Chancellor to be a mistake and the decision to be "irreversible." Thoma-Böck called for an immediate moratorium on further dismantling potentially reactivable nuclear power plant infrastructure and for an independent examination of the remaining options. Further dismantling could preempt such an examination, she warned. Affordable and reliable energy is important for industrial value creation, jobs, and the financing of the welfare state. #Energiepolitik #Kernenergie #Klimaschutz (translated)

The pro-Russian President of Bulgaria, Iliana Yotova, won the runoff against the pro-Western economist Andrey Gyurov with 57.58 percent and is now calling for negotiations with Russia, while voter turnout remained low once again. #Bulgarien #Präsidentenwahl #IlijanaJotowa (translated)

Regina Laska criticized statements made by economist Hans-Werner Sinn in a conversation with Ronzheimer. Sinn had blamed the EU CO₂ regulations for the decline of the German automotive industry and said that Chinese and possibly French manufacturers could build better electric cars. Laska countered that Volkswagen is Europe's market leader in electric cars. Sinn also stated that German car executives could not have acted faster and that the Audi CEO must cater to shareholders' interests. In this context, Laska pointed to the elimination of 7,500 jobs in Germany and a factory she estimated at four billion dollars, which was promised by Trump on the campaign stage. She accused Sinn of blaming the industry for the failures of the EU and portraying climate protection as ineffective. Laska criticized that critical inquiries in the conversation did not prevent Sinn from elaborating on his views in detail. She doubted that employees in Aurich and Emden would benefit from his account, asking whether they might be inclined to vote for the AfD because of it. In her estimation, Sinn's narrative would likely remain more memorable than the inquiries, while China is producing electric cars in the millions. As a counterexample, Laska cited Norway: there, 98 percent of newly registered cars are electric, and according to her, the country is doing well. She also noted that there are many German brands on Norwegian roads and that Norwegians are buying them. Laska warned that Germany could one day become the Rust Belt that Sinn had previously described. #EU #Autoindustrie #Klimaschutz (translated)

Markus Söder celebrates after a 4-year campaign against the combustion engine ban in 2035 (!) the "Real End of the Combustion Engine Ban". He thus seals the technological regression. Meanwhile, economists are warning not only about China's progress but also about the bankruptcies of the Big Three car manufacturers. (translated)

The federal-owned housing construction company is set to be established in 2027 to counteract the housing shortage in Germany, while the plans were concretized by SPD's Minister of Construction Verena Hubertz and Finance Minister Lars Klingbeil despite critical voices from economists. #Wohnungsmangel #Baugesellschaft #Berlin (translated)

Economists are calling for a realignment of the EU's trade policy before the EU summit to strengthen its defense capability and reduce strategic dependencies on China, while other experts express doubts about the claim that China poses a massive threat to the industrial core of Europe. #Handelskonflikt #ChinaSchock #EUHandelspolitik (translated)

This year's Nobel Prize in Economic Sciences is awarded to U.S. economists Robert E. Hall and Michael Woodford, who have established a modern New Keynesian foundation for government intervention to stabilize economic fluctuations with their work. #Wirtschaftsnobelpreis #Keynesianismus #StaatlicheEingriffe (translated)

The two economists Robert Hall and Michael Woodford were awarded the Nobel Prize in Economic Sciences for their significant contributions to the microeconomic foundations of macroeconomic stabilization, which have greatly influenced the monetary policy of the Federal Reserve and the European Central Bank. #Geldpolitik #Nobelpreis #Wirtschaftswissenschaften (translated)

The 2026 Nobel Prize in Economic Sciences is awarded to the American economists Robert E. Hall and Michael Woodford for their innovative macroeconomic models for stabilizing economic fluctuations through fiscal and monetary policy. #Wirtschaftsnobelpreis #RobertHall #MichaelWoodford (translated)