Was muss sich ändern, damit mehr Unternehmen in Europa an die Börse gehen? ☕🥐 Beim nächsten EU to go Frühstück diskutieren wir mit @marleneschoerner.bsky.social & @cdgeiser.bsky.social von der @bertelsmannst.bsky.social, wie Europas Kapitalmärkte gestärkt werden können. 🔗 Link in den Kommentaren.
Marlene Schörner
@marleneschoerner.bsky.social
Policy Fellow EU Financial Markets @delorsberlin
Pod altert! @cdgeiser.bsky.social, @james-r-green.bsky.social and I hopped on the CER podcast to discuss the links between single market integration, innovation finance in Europe, and public equity markets.
🎙️ "European venture capital funds are too small" @marleneschoerner.bsky.social tells the #CERpodcast. Tune in to learn why and what policy-makers can do about it. 🎙️ Listen here: buff.ly/rLPAVR8
⏰ You can still register for the upcoming Henrik Enderlein Fellowship Lecture at the @hertieschool.bsky.social. Join us for a conversation on the societal foundations of Europe's #resilience and the role of state capacity in maintaining public trust. @stiftungmercator.bsky.social Sign up now 👇
Henrik Enderlein Fellowship Event
The Henrik Enderlein Fellowship welcomes incoming Fellow Corina Ajder and honours outgoing Fellow Marija Golubeva. An evening of keynotes and discussion.
delorscentre.eu
🎙️ Listen to our latest #CERpodcast ‘Unpacking Europe’ on how to scale up innovation in Europe to strengthen economic competitiveness and support strategic technologies with @james-r-green.bsky.social, @cdgeiser.bsky.social & @marleneschoerner.bsky.social🎙️ Listen here: buff.ly/rLPAVR8
Thank you to Veronika Bondarenko, @cdgeiser.bsky.social, @james-r-green.bsky.social, Vasco Pereira da Silva, @marleneschoerner.bsky.social and Mindaugas Valiulis for speaking at the launch of 'How to revive Europe's stock market listings' in Brussels yesterday.
„We have to remain master of our own destiny in Europe. First step is financing our investment needs.“ Frank Elderson, Member of the Executive Board and Vice-Chair of the Supervisory Board of @ecb.europa.eu, in conversation with @marleneschoerner.bsky.social at @delorsberlin.bsky.social tonight
With the publication of the EC's long-awaited report on banking sector competitiveness, banks have moved to the centre of the EU's policy agenda. A perfect time to discuss the state and future of European banking with Frank Elderson! Join us for a chance to ask your questions.
🌱🌐🛡️ Europe faces major investment needs to finance the #GreenTransition, #Digitalisation, and #Defence. Join us for a discussion with Frank Elderson, Member of the Executive Board & Vice-Chair of the Supervisory Board of the ECB, and moderated by our Policy Fellow @marleneschoerner.bsky.social.
This summer, the EU plans to finally get serious about Chinese industrial policy. The Buy European rules in the Industrial Accelerator Act could be a key part of the answer. The catch: in their current form, they may do more harm than good. @ph-jaeg.bsky.social and I have some ideas to fix them.
As EU leaders gather at the European Council tomorrow to discuss mounting Chinese import pressure, a consensus is emerging that industrial overcapacity poses a systemic threat to Europe’s manufacturing base. Far less settled is what the EU should do about it.
Not bad at all. If Berlin is genuinely ready to move on its decade-long blockage of common capital market supervision, that would mark a pretty meaningful shift. as.ft.com/r/62f36c5b-8...
Germany shifts on EU oversight of financial services
Capital markets union ‘more important than clinging to national interests’, says finance minister
as.ft.com
🌳Mobilising capital for Europe’s Green Transition: Where do we stand? 🗓️4 June 13:00-14:00 CEST Joint event with @delorsberlin.bsky.social on financing Europe’s Green Transition, featuring @rebeccawire.bsky.social, @marleneschoerner.bsky.social & Sofia Viola @eib.org 🔗Register: buff.ly/DbOSqj1
For years, Europe assumed foreign investment would naturally generate industrial upgrading. The Industrial Accelerator Act marks a shift. @aleichthammer.bsky.social & I argue its FDI conditionality targets a real issue, but is currently too weak to solve it 🧵 www.delorscentre.eu/en/publicati...
Selective Conditionality: The EU’s Emerging Approach to Foreign Investment
delorscentre.eu
German Foreign Minister Wadephul gave a keynote speech on the EU yesterday titled "Boldly shaping the future of Europe", with several proposals for institutional reform: www.auswaertiges-amt.de/de/newsroom/... Quick thread on the main points:
Rede von Außenminister Johann Wadephul auf der XIII. Adenauer Konferenz - „Mutig die Zukunft Europas gestalten“
Kohle und Stahl, zwei Roh- und Werkstoffe, die über Jahrhunderte sowohl Auslöser als auch Grundlage für Krieg in Europa waren. Sie bildeten 1950 das Fundament eines der erfolgreichsten&...
auswaertiges-amt.de
Ein Unternehmen gründen in nur 48 Std, das in ganz Europa operieren kann, ohne viel Papierkram oder Kosten - das ist das zentrale Versprechen von EU Inc. Ob EU Inc. ein Gamechanger für Europas Startups wird, darüber spreche ich mit @marleneschoerner.bsky.social: open.spotify.com/episode/3OIB...
EU Inc. – Gamechanger für Europas Startups?
open.spotify.com
Suspending funds is the EU’s strongest tool to safeguard rule of law. In Hungary, release of frozen EU funds was a key factor in Péter Magyar’s campaign. The Commission wants to enshrine RoL conditionality in the next MFF. In a new paper, I take a closer look: www.delorscentre.eu/en/publicati...
Subsidies on full throttle? The EU Commission is about to change state aid rules yet again, given the energy crisis. One interesting component: electricity prices for energy-intensive industries can be subsidised even more. This impacts subsidies like Germany's "Industriestrompreis": (1/5)
Young, innovative firms often struggle to grow in Europe, and access to finance is a key issue. Now the EU is setting up a €5bn public-private fund: The Scaleup Europe Fund. In my new policy brief, I discuss whether this is a good idea and how the fund should be designed. Main takeaways 👇
After months of wrangling and an epic list of delays, the Commission has finally released its Industrial Accelerator Act. This could turn into one of the EU’s most consequential industrial policy files in years - and the proposal is honestly not a bad place to start. Some quick thoughts:
Das klingt ganz gut. Wenn Deutschland sich bei der gemeinsamen Aufsicht jetzt tatsächlich bewegt, kämen bei der Kapitalmarktunion mal weg von Sonntagsreden und hin zu echten Integrationsschritten.
Max is right. The strategy has to be about creating momentum that brings everyone along. On capital market integration in particular, this means strengthening existing EU initiatives - not running a six-member-state sideshow. From what I understand, that’s the direction for now.
This is huge. And my guess is that this doesn't lead to a two speed Europe but a mass bandwagon effect. If the Six agree others will almost all follow.
X's AI tool Grok reportedly produced 3 million sexual deepfakes in 11 days - today the Commission reacted and opened another formal investigation into X under the Digital Services Act. Here is what the investigation is about ⬇️🧵 ec.europa.eu/commission/p...
Commission investigates Grok and X\'s recommender systems under the Digital Services Act
The European Commission has launched a new formal investigation against X under the Digital Services Act (DSA).
ec.europa.eu
You may have missed it amidst the chaos of the last few days, but there is a new high-level EU report in town: A Franco-German task force led by Jörg Kukies and Christian Noyer presented recommendations to tackle the scale-up financing gap. Here is what it says and why you should care about it.
1/ This year revealed how the EU's critical raw materials dependence has become an economic security vulnerability. ReSourceEU is the EU’s most serious attempt yet to remedy this. To end the year, I dive into what it does and whether it can shift the trajectory: www.delorscentre.eu/en/publicati...
The EU's critical raw materials predicament: ReSourceEU to the Rescue?
The EU’s dependence on highly concentrated critical raw material (CRM) supply chains, above all on China, has emerged as a central economic security vulnerability.
delorscentre.eu
The proposed "28th Regime" is hoped to remove bureaucratic, legal, and financial hurdles that hold back small, innovative EU companies. However, crucial questions remain wide open. In my new policy brief, I analyse the main options and relevant trade-offs. 1/🧵 www.delorscentre.eu/en/publicati...
Regime change instead of business as usual: A pan-European corporate law to unlock cross-border
delorscentre.eu
Lots to criticise in yesterday’s cars package - but one point deserves credit. The COM plans to limit support for corporate cars to EVs and tie it to European preferences. Exactly what @lucasguttenberg.bsky.social, @sandertordoir.bsky.social, and I called for and a genuinely meaningful step forward
The Commission’s new Democracy Shield🛡️raised high expectations but proposes mostly additions to existing frameworks rather than attempt innovation. 👇In my new policy brief out today, I analyse the Commission’s newest democracy strategy. 1/🧵 www.delorscentre.eu/en/publicati...
The European Democracy Shield – Papering over the cracks
Protecting European democracy requires consistent commitment to democratic values both at EU and at national level – not just the creation of additional strategies.
delorscentre.eu
🥐 Das letzte EU to go-Frühstück des Jahres steht an! Am Mi., 17.12. um 8:30 Uhr geht es um das EU-Autopaket und die europäische Autoindustrie. Mit dabei: Unser Co-Direktor @nilsredeker.bsky.social & Senior Policy Fellow @jannikjansen.bsky.social. Jetzt anmelden 👉 www.delorscentre.eu/en/events-at...
White smoke from Berlin: the coalition has agreed to tie new car purchase incentives to European preference rules - and work to align them across the EU. A very smart move as @sandertordoir.bsky.social, @lucasguttenberg.bsky.social and I have argued here: www.delorscentre.eu/fileadmin/2_...
Good to see @europarl.europa.eu refer to principle of solidarity in its resolution on Hungary calling for triggering of Art. 7(2) TEU. With @dimitrispieker.bsky.social and Ulrich Karpenstein, we argued that new Art. 7 procedure should be initiated against HU based on breaches of solidarity in CFSP