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Andrew Watt @andrewwatteu.bsky.social · 2h

@fsaraceno.bsky.social on Europe's failure to kickstart investment, one year after the Draghi Report
fsaraceno.wordpress.com/2025/10/07/t...

The Draghi Report, One Year Later: Europe Still at the Starting Blocks

One year after the Draghi Report, Europe remains trapped in a cycle of low productivity and weak investment

fsaraceno.wordpress.com

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Andrew Watt @andrewwatteu.bsky.social · 1d

Update
There is currently a practical example of this strategy: Germany.
Public investment & support for private investment are more than offsetting negative external shocks, bolstering domestic demand. Next year the German economy is expected to grow by 1.4%
www.boeckler.de/de/boeckler-...

Ende der Durststrecke

Die Inlandsnachfrage dürfte die deutsche Wirtschaft bald wieder in Schwung bringen – vor allem dank der geplanten öffentlichen Investitionen.

www.boeckler.de

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Andrew Watt @andrewwatteu.bsky.social · 1d

The key message in the Draghi report was not deregulation but the need to boost public and private investment. This new paper underlines the positive role public investment can play in such a strategy.

Philipp Heimberger @heimbergecon.bsky.social · 2d

In a new paper, we provide fresh evidence on the macroeconomic effects of public investment in 27 EU member states. We find that public investment has favorable effects on output and unemployment; doesn't crowd out private investment; and doesn't jeopardise debt sustainability.

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Philipp Heimberger @heimbergecon.bsky.social · 2d

In a new paper, we provide fresh evidence on the macroeconomic effects of public investment in 27 EU member states. We find that public investment has favorable effects on output and unemployment; doesn't crowd out private investment; and doesn't jeopardise debt sustainability.

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Andrew Watt @andrewwatteu.bsky.social · 9d

Europe, take note. Act accordingly.

Brent Toderian @brenttoderian.bsky.social · 9d

If you’ve heard about Trump’s unprecedented and deeply frightening “speech” to all US military leaders today, but you didn’t watch it and aren’t sure what the concern is, this is worth watching. And if you’re still not frightened yet, you should be. youtu.be/v-7bB_UHmRc?...

Trump’s unlawful call for ‘war’ on citizens met with stony silence from generals

YouTube video by MSNBC

youtu.be

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Brent Toderian @brenttoderian.bsky.social · 9d

If you’ve heard about Trump’s unprecedented and deeply frightening “speech” to all US military leaders today, but you didn’t watch it and aren’t sure what the concern is, this is worth watching. And if you’re still not frightened yet, you should be. youtu.be/v-7bB_UHmRc?...

Trump’s unlawful call for ‘war’ on citizens met with stony silence from generals

YouTube video by MSNBC

youtu.be

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Andrew Watt @andrewwatteu.bsky.social · 12d

Don't trust right wing parties when they say they are for ordinary workers, which they do, because they are not.

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Andrew Watt @andrewwatteu.bsky.social · 14d

Right-wing governments talking the pro-worker talk and walking all over the workers.
Finland edition
bsky.app/profile/jmko...

Janne M. Korhonen @jmkorhonen.fi · 14d

This graph shows #unemployment in the Eurozone and #Finland.

Can you spot when the most right wing government in Finland’s history took power?

Please learn from the mistakes of others.

Ville Niinistö @villeniinisto.vihreat.fi · 14d

Mitä tapahtui 2023?

- Orpon hallitus.

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Janne M. Korhonen @jmkorhonen.fi · 14d

This graph shows #unemployment in the Eurozone and #Finland.

Can you spot when the most right wing government in Finland’s history took power?

Please learn from the mistakes of others.

Ville Niinistö @villeniinisto.vihreat.fi · 14d

Mitä tapahtui 2023?

- Orpon hallitus.

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Andrew Watt @andrewwatteu.bsky.social · 14d

The #Draghi Report rightly drew attention to the difficulties that European companies face in scaling up.
One of the proposed solutions is an EU-wide "28th regime" for innovative companies.
This analysis shows that serious pitfalls must be avoided & safeguards instituted if this proposal is to work.

ETUI @etui.bsky.social · 15d

⚖️ ⚠️ Evidence shows that the European Commission's #28thRegime proposal will have an inevitable impact in areas beyond company law, such as labour law, taxation, insolvency and social security

🧵 👇

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ETUI @etui.bsky.social · 15d

⚖️ ⚠️ Evidence shows that the European Commission's #28thRegime proposal will have an inevitable impact in areas beyond company law, such as labour law, taxation, insolvency and social security

🧵 👇

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Andrew Watt @andrewwatteu.bsky.social · 16d

Update
Exhibit 2 (from the very next day).
Reminder: this is the man EU leaders imagine they achieve trade policy stability with?
bsky.app/profile/atru...

Aaron Rupar @atrupar.com · 16d

Trump to the UN: "The 'carbon footprint' is a hoax made up by people with evil intentions, and they're heading down a path of total destruction."

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Aaron Rupar @atrupar.com · 16d

Trump to the UN: "The 'carbon footprint' is a hoax made up by people with evil intentions, and they're heading down a path of total destruction."

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Andrew Watt @andrewwatteu.bsky.social · 17d

Is there a doctor in the house?
The most powerful person on the planet glaringly obviously has serious mental health problems and no-one is doing anything about it.

Iikka Korhonen @iikkakorhonen.bsky.social · 17d

This is madness.

Aaron Rupar @atrupar.com · 17d

Trump: "It's too much liquid. Too many different things are going into that baby at too big a number. The size of this thing when you look at it. It's like 80 different vaccines and beyond vaccines."

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Andrew Watt @andrewwatteu.bsky.social · 17d

But the EU is not imposing tariffs.
If anything US tariffs will push EU inflation down.

Iikka Korhonen @iikkakorhonen.bsky.social · 17d

This is madness.

Aaron Rupar @atrupar.com · 17d

Trump: "It's too much liquid. Too many different things are going into that baby at too big a number. The size of this thing when you look at it. It's like 80 different vaccines and beyond vaccines."

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Andrew Watt @andrewwatteu.bsky.social · 18d

Kudos, indeed, to Spain and PM Sanchez for breaking the taboo in Europe.
At the same time it is worth noting that, from a global perspective, Europe/OECD lags well behind world opinion on Palestine.

(Source: @theguardian.com )

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Andrew Watt @andrewwatteu.bsky.social · 19d

Update
More on the intellectual confusion (or cynicism) in the US administration on monetary policy. bsky.app/profile/wend...
Now it's Miran tying himself in knots. 👇
His only intellectually honest way out would be to say the labour market is crashing. Bet he doesn't go there....

Wendy Edelberg @wendyedelberg.bsky.social · 19d

Core inflation is running ~1 pp ABOVE Fed’s target. The reason to look at inflation & yet still cut would be BECAUSE you think inflation is being temporarily boosted by tariffs. If Miran doesn’t think it’s tariffs that are boosting inflation, surely that would make him MORE worried about inflation??

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Wendy Edelberg @wendyedelberg.bsky.social · 19d

Core inflation is running ~1 pp ABOVE Fed’s target. The reason to look at inflation & yet still cut would be BECAUSE you think inflation is being temporarily boosted by tariffs. If Miran doesn’t think it’s tariffs that are boosting inflation, surely that would make him MORE worried about inflation??

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Andrew Watt @andrewwatteu.bsky.social · 22d

Update
Fossil fuels also play an outsized role in Trump's foreign policy, as @guillaumeduval.bsky.social shows:
institutdelors.eu/en/publicati...
The apparent welcome tilt towards Ukraine is largely about safeguarding US fossil fuel interests.
All the more reason for EU to double down on renewwables

Why Trump wants to ban Russia from selling its oil - Institut Jacques Delors

institutdelors.eu

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Andrew Watt @andrewwatteu.bsky.social · 23d

Trump makes a Bond Villain look like a cute kitten.
In hock to the fossil fuel industry, his administration is systematically seeking to destroy the renewable energy industry in order to restore "carbon dominance". This is risking the lives of millions of people for financial and political gain.

Royce Kurmelovs @roycerk2.bsky.social · Sep 8

The Trump administration appears to be trying to make a global war on renewables. I spoke to @mkblyth.bsky.social for @drilledmedia.bsky.social about the strategy of carbon dominance, how this is shaping politics not just in the US but everywhere, and what that means for the future.

Trump Is Trying to Kill Renewables Everywhere

The US government is trying to strangle renewables to save fossil fuels. Trump wants other countries to do the same.

drilled.media

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ETUI @etui.bsky.social · 23d

🗣️ Last week at the #ILERA 2025 European Congress (International Labour and Employment Relations Association) @durham-university.bsky.social 👇

What can the ETUI's latest research in the industrial relations field tell us about the state of #SocialEurope today?

Key points of discussion included... 🧵

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Andrew Watt @andrewwatteu.bsky.social · 24d

🚨 Publication alert 🚨
New e-book available on European Industrial Policy via Social Europe
ebooks.socialeurope.eu/9/industrial...

ebooks.socialeurope.eu

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Andrew Watt @andrewwatteu.bsky.social · 25d

Aber in einem westdeutschen BL.

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Royce Kurmelovs @roycerk2.bsky.social · Sep 8

The Trump administration appears to be trying to make a global war on renewables. I spoke to @mkblyth.bsky.social for @drilledmedia.bsky.social about the strategy of carbon dominance, how this is shaping politics not just in the US but everywhere, and what that means for the future.

Trump Is Trying to Kill Renewables Everywhere

The US government is trying to strangle renewables to save fossil fuels. Trump wants other countries to do the same.

drilled.media

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Andrew Watt @andrewwatteu.bsky.social · Sep 7

My stomach is not iron clad enough to prevent acute nausea whenever Mandelson talks about Trump. And I am fine with that.

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Andrew Watt @andrewwatteu.bsky.social · Sep 7

And if they'd have asked you before your Zivildienst whether you'd rather not?

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Andrew Watt @andrewwatteu.bsky.social · Sep 7

Everybody thinks a year of public service is an excellent idea... except for themselves.

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Andrew Watt @andrewwatteu.bsky.social · Sep 4

"While western leaders gather in diplomacy...rules based order" Seriously?
Trump has trashed the global trade regime (EU acquiesces).
Has lit a fire under global climate accords.
US & EU do nothing to stop the slaughter in Gaza.

Kallas is upset & puzzled why non-western powers are coming together 🤦

Finbarr Bermingham @fbermingham.bsky.social · Sep 3

🚨Kallas on Beijing parade:

Xi, Putin and Kim are an "autocratic alliance" seeking a "new world order"

"While Western leaders gather in diplomacy, an autocratic alliance is seeking a fast track to a new world order"

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Finbarr Bermingham @fbermingham.bsky.social · Sep 3

🚨Kallas on Beijing parade:

Xi, Putin and Kim are an "autocratic alliance" seeking a "new world order"

"While Western leaders gather in diplomacy, an autocratic alliance is seeking a fast track to a new world order"

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