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“Journalism is printing what someone else does not want printed. Everything else is public relations.”

~ George Orwell

Chinese take-overs in Europe

How does the EU Commission’s idea of closer scrutiny of Chinese investments into European companies square with the same Commission’s advocacy in favour of open markets and free movement of capital? It is a delicate balance to strike between intervention and free markets. The EU needs to be careful not to lose credibility and scare away foreign investors which could endanger the many advantages of inflowing foreign direct investment.

EU Partners benefit from Germany's US export success

In the debate of the US current account deficit, Donald Trump focuses his criticism to a large extent on Germany. But in the case of a trade war it would not affect Germany alone. Due to intermediate input linkages, hundreds of thousands of jobs in the EU partner countries depend on the success of German exports to the US.

A new chance for private pension saving?

The European Commission aims at strengthening the cross-border provision of pension products by the introduction of Pan-European Personal Pensions (PEPP) as a new regime on top of existing national frameworks. However, a pre-requisite for the success of PEPP will be the support of the national legislators for this framework.