The Brussels Report Podcast Episode 36 – with economist Daniel Kral
The Brussels Report Podcast
BrusselsReport.eu
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🗓️ 12 January 2024
⏱️ 46 minutes
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Summary
Daniel Kral is a Senior Economist within the macroeconomics forecasting division of Oxford Economics. He joined Oxford Economics in April 2021 in London and leads the coverage of the Nordic region. Daniel holds a Master of Research from University College London where his thesis won the Frank Carter prize for the best post-graduate thesis in 2014. Before, he worked at IHS Markit, VEON, RS Consulting and at the Brussels office of British EU affairs think tank Open Europe.
On Twitter/X, he is one of the most prominent analysts monitoring the developments of European economies.
In this episode of the Brussels Report podcast, BrusselsReport.eu editor Pieter Cleppe discusses the following topics with him:
- Germany's deindustrialisation: how serious is it?
- The Eurozone: trouble on the horizon? Can higher interest bring down monetary union?
- What about Europe's growth poles. There is Poland, but are there others?
- The economic impact of Brexit, looking back
https://twitter.com/DanielKral1/status/1745399662431924249
https://twitter.com/DanielKral1/status/1745855091674956166
https://twitter.com/brussels_report/status/1415636769530388486
Transcript
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| 0:00.0 | The Brussels Report Podcast. |
| 0:10.0 | Welcome to a new episode of the Brussels Report podcast. |
| 0:18.0 | My name is Peter Klepper. |
| 0:20.0 | I'm the editor-in-chief of BrusselsReport.EU. |
| 0:23.2 | And I'm very happy to have as my guest, Daniel Kroll, who is a Slovak national, a former colleague of mine at the British think tank Open Europe. |
| 0:34.3 | But now, for a long time already, he is an expert in European macroeconomics at Oxford |
| 0:42.2 | Economics. And of course he's speaking in his own personal name, not for his company, but if you |
| 0:50.1 | ask me, he's one of the leading experts on Twitter X when it comes to the Eurozone. |
| 0:56.2 | There's actually not so many, surprisingly given how important it is, I would say. |
| 1:01.1 | But Dan is certainly somebody you should follow. |
| 1:04.4 | So welcome, Dan. |
| 1:05.9 | Thanks, Peter. Thanks for having me. |
| 1:07.9 | So let's maybe get into it. |
| 1:09.6 | You were just quoted in the financial times |
| 1:12.3 | on what you could say contraction in industry this in deindustrialization which is specifically |
| 1:22.7 | in in germany an issue and and one of the things you're saying is that with construction reeling under high interest rates and services out of steam, |
| 1:33.3 | we're looking at a shallow technical recession in the Eurozone. |
| 1:38.3 | So of course, also I guess the energy situation specifically in Germany plays a big role. |
| 1:43.3 | So maybe could you develop that a little bit, like how serious is the situation? |
| 1:49.0 | Sure. |
| 1:51.0 | So I think there are two things, the way to think about it is you have a cyclical, you have |
| 1:56.7 | a cycle and clearly with the high interest rates inflation and people pulling back on spending |
... |
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