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Germany's Economic Council Faces Leadership Shift Amid Trade Policy Debates

A trade specialist takes the helm as Germany's top economic advisors clash over global strategy. Will Felbermayr's vision redefine Europe's stance on China and the U.S.?

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1 min read
The image shows a graph on a white background with text that reads "eu imports and non-eu trade"....
The image shows a graph on a white background with text that reads "eu imports and non-eu trade". The graph is composed of two lines, one in blue and one in red, that represent the number of imports and exports from different countries. The blue line is steadily increasing, indicating a steady increase in imports over time. The red line is slightly lower than the blue line, indicating an increase in exports. The graph also includes a legend that explains the meaning of the colors used in the graph.

Germany's Economic Council Faces Leadership Shift Amid Trade Policy Debates

Germany's Council of Economic Experts is set for a major change as Gabriel Felbermayr prepares to replace Ulrike Malmendier. The appointment has already stirred debate, with some members highlighting the loss of Malmendier's global expertise. Felbermayr, a trade and geo-economics specialist, is expected to bring a fresh focus to the influential body.

Felbermayr currently leads the Austrian Institute of Economic Research and is known for his work on geopolitical trade issues. His nomination was pushed by Economics Minister Katherina Reiche and supported by the Chancellery, though the SPD opposed the move. Unlike his predecessor, Felbermayr has urged Europe to take a firmer stance in trade disputes with China and the U.S.

Internal tensions within the council have also surfaced. Member Veronika Grimm publicly distanced herself from the group's official statement on Malmendier's departure, signalling possible divisions. Critics argue that Malmendier's departure removes a respected international voice from the council.

Despite the controversy, Felbermayr's appointment has not yet been finalised. His role will only begin once the government formally implements the decision. Until then, his potential influence on EU trade and industrial policy remains speculative.

The council's shift in leadership marks a turning point, with Felbermayr poised to steer discussions toward geopolitical and trade priorities. His arrival follows a contentious selection process and internal disagreements. The full impact of his appointment will only become clear once he officially takes up the position.

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