Tension within the European Union

Lena Dräger, Research Director of the Monetary Macroeconomics Group at the Kiel Institute, comments on the expected decision of the Federal Open Market Committee in the U.S. to leave the federal funds target range unchanged.

Should the US permanently end its financial and military support for Ukraine, European states could fill the gap in many areas or even overcompensate. A new analysis by the Kiel Institute for the World Economy shows that this would be possible with relatively little additional effort, particularly in the financial sector. Replacing American weapons and ammunition assistance is more difficult, but here, too, Europe could deliver in important areas. There is currently no substitute for US military intelligence.

Lena Dräger, Research Director of the Monetary Macroeconomics Group at the Kiel Institute, comments on the expected decision of the European Central Bank (ECB) to lower the key interest rate by 25 basis points today:

MEDAM is a research and consulta­tion project that aims to identify and close the gaps in existing research and to develop research-based solutions for European asylum and immigration policies. Starting from an economic perspective, MEDAM looks at the bigger picture seeking better outcomes for all stakeholders.

The global economy is currently confronted with far-reaching changes, including in particular the ecological transformation and adaptation to climate change, which is promoting regional disparities and conflicts.

Exploring the driving forces and diverse impacts of international development processes, focusing on the global and regional interconnections of countries, companies, and the mobility of people, goods, and capital.

The Research Center “International Finance” investigates the risks and opportunities of financial globalization, including political risks.

The Research Center conducts research into the causes and consequences of financial instability, geo-economic developments, the development of income and wealth inequality and questions of political economy.