Holger Schmieding

Holger Schmieding is chief economist at Berenberg Bank in London. [United Kingdom] Follow him @Berenberg_Econ

Six Ways How Trump Gets Trade and Europe Wrong

What Europe earns by selling goods to the U.S., it spends on licensing fees for U.S. technology and on U.S. services. Nothing unfair here.

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Germany: Will the CSU Really Topple Merkel?

The demise of the current Merkel government is not the most likely outcome yet. Both CSU and CDU would have too much to lose from it.

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Italy: The Master of Its Fate

If Italy’s government tames its radical instincts it could be allowed to get away with a few things. But if it is confrontational with the EU it will be heading for trouble.

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Will Merkel Fall?

If the CSU does not agree to any compromise on migration policy, Merkel’s government may fall apart.

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How Trump Gets It Wrong on Trade

The U.S. President seems to have the upper hand – for now. He doesn’t realize how his trade actions will backfire at home.

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Italy and the Euro

If a radical government in Rome plunges Italy into a deep crisis, it would still be an Italian crisis — rather than a “euro“ crisis.

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Italy Versus Germany: The Real Story

The saga of a dynamic Germany and a sclerotic Italy does not reflect the historical record.

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Italy and the Yanis Varoufakis Effect

Populists in power, like Five Stars and the Lega in Italy, can do serious damage. In the case of Italy, the key risks are long-term rather than immediate.

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Macron Vs. the Germans?

What is the middle ground that both Germany and France can agree on to move economic and financial reforms in the EU forward?

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Global Trade War? The European Angle

The more the U.S. abstains from imposing new barriers to imports from the EU, the more may the EU support U.S. efforts to change Chinese trade and investment practices.

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