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EconoGraphics

Jul 12, 2016

Taking Stock of European Banks: Improvements Amid Challenges

By Nathaniel Rome

Since the British referendum, Europe’s banking sector has come under renewed scrutiny from financial markets as well as European Union officials and finance ministers. A primary focus is on Italy - which has accumulated $400 billion in gross bad loans - and the EU-Italy talks about how to recapitalize the weak Italian banks.

Economy & Business European Union

EconoGraphics

Jun 29, 2016

Econographics – TTIP

By Nathaniel Rome

The United Kingdom’s (UK) vote last week to leave the European Union (EU) has raised questions about the future of the Transatlantic Trade and Investment Partnership (TTIP). TTIP is a trade agreement currently being negotiated by the United States (US) and the EU that will eliminate tariffs, reduce red tape, and set a new standard for international trade agreements. Following the Brexit vote, US Trade Representative Michael Froman and European Commissioner for Trade Cecilia Malmström released statements reaffirming their commitment to TTIP.

Economy & Business European Union

Bremain vs Brexit

Jun 21, 2016

London Riches Falling Down

By Nathaniel Rome

London is the undisputed financial capital of Europe, and is rivaled only by New York City for the top spot worldwide (Global Financial Centers Index). When competing on a level playing field, London outperforms other major European financial centers because of the superior human capital, infrastructure, and regulatory environment of the city. London dominates 78 percent of European FOREX trading and generates a trade surplus worth tens of billions of pounds (UK Office of National Statistics).

Economy & Business European Union

Ole Moehr is a nonresident fellow and consultant with the Atlantic Council’s GeoEconomics Center. Previously, he served as the GeoEconomics Center’s associate director. In Moehr’s current capacity, he contributes to the center’s future of money work and conducts research on global finance, growth, and trade. As lead editor of the center’s Global QE Tracker, which visualizes central banks’ complex responses to the different economic shocks in the post-COVID world, Moehr helps deliver the Atlantic Council’s timely take on important issues pertaining to the global economy. Moehr’s project portfolio includes work on global monetary policy, central bank digital currencies, global value chains, the European Union’s economic architecture, and economic sanctions. His analysis and commentary have been featured in Axios, the New York Times, and Euronews, among others.

Prior to joining the Council, Moehr served as a Brent Scowcroft Award fellow at the Aspen Institute. He holds a master’s degree in international economics from the George Washington University’s Elliott School of International Affairs and a bachelor’s degree in global governance and public policy from the University of Passau in Germany.