Guntram Wolff

@guntramwolff.bsky.social

Professor of economics at Free University Brussels (ULB) and Bruegel fellow. European integration, climate, defence- and geoeconomics, macro; Frmr Director @dgap.org & @bruegel.org RT ≠ endorsement

🪖 Who controls the defence industry? ❗ The #defence industry is gaining importance in Europe, but the methods by which states exercise control over it are poorly understood 📑 Working Paper by Marco Becht, @juanmejinoecon.bsky.social and @guntramwolff.bsky.social 🔗 buff.ly/KmMPtn4 #EconSky

Who controls the defence industry?

The defence industry is gaining importance in Europe, but the methods by which states exercise control over it are varied and poorly understood

buff.ly

Could a Hormuz toll solve the oil crisis? I show that 80-95% of the toll would be paid by the Gulf states, meaning that the rest of the world is largely indifferent to a toll as long as oil supply is restored. (it's a simple tax incidence analysis) www.bruegel.org/analysis/cou...

Could a Hormuz toll solve the oil crisis and who pays?

With a return to the pre-Iran conflict energy status quo unlikely, a Hormuz toll may be the next best option – but Gulf states would pay the most

bruegel.org

Bruegel@bruegel.org · 4mo ago

⛔ Could a Hormuz toll solve the oil crisis and who pays? 🔍 @guntramwolff.bsky.social assesses what the possibility of a #Hormuz toll could mean both for the region and international energy markets. 🔖 Read the Analysis now: 🔗 buff.ly/qQeLiFF #EconSky

New: Alex Burilkov&I analyse the financial asymmetry of asymmetric warfare and argue that Europe, like the Gulf, needs to learn two important lessons from Ukraine: - invest in cheap air defence - build strike capabilities to disrupt military production . www.bruegel.org/first-glance...

The costs and failures of air defence in the Iran conflict and what they mean for Europe

Shoring up Europe’s defensive capabilities needs to focus on cheap interceptors and offensive capability to target military industries

bruegel.org

"Vladimir Putin’s administration has endorsed a plan by the Social Design Agency, a Kremlin-linked media consultancy under western sanctions, to bolster Orbán’s Fidesz party by flooding social media with messages designed in Russia and posted by influential Hungarians." www.ft.com/content/34df...

Kremlin backs covert campaign to keep Viktor Orbán in power

Vladimir Putin endorses plan drawn up by Russian consultancy that is under western sanctions

ft.com

“Deeper defence co-operation across European countries is necessary to reduce costs for taxpayers and ensure technology is developed and controlled in Europe. This new initiative is a right step and I hope more countries will eventually join,” Wolff told the FT. www.ft.com/content/3dcd...

Trio of European states set up new fund to boost defence spending

UK, Netherlands and Finland join forces to reduce procurement costs through economies of scale

ft.com

🪖Reforming European defence procurement to boost military innovation and startups European defence procurement practices must evolve to embrace innovative startups and small firms, in order to meet modern battlefield needs. 🖋️Ethan Kapstein, Javier Ospital @guntramwolff.bsky.social #EconSky

Reforming European defence procurement to boost military innovation and startups

European defence procurement practices must evolve to embrace innovative startups and small firms, in order to meet modern battlefield needs

buff.ly

The EU cannot accept being coerced into selling Greenland. As the narcisist power grab of President Trump expands, it is important to say no. US lawmakers are being more vocal and so are European lawmakers and countries. Will Europe have to pay a price? - yes.

Greenland PM Jens-Frederik Nielsen: "If we have to choose between the US & Denmark here and now, we choose Denmark. We choose NATO. We choose the Kingdom of Denmark. We choose the EU." "Greenland does not want to be owned by the US. Greenland does not want to be governed by the US" he later added.

Estimates for number killed in the Tiananmen Square massacre are greatly debated more than 30 years later. Experts say likely between 1,000-3,500. If CBS News warnings are true for Iran's 12,000-20,000 — we are looking at something 5x to 15x greater. A historic horror.