We talk a lot about Europe’s scale-up problem and its financing gap, but less about what comes next – the exit for founders and investors. Our new policy brief looks at Europe’s IPO market and why it matters for financing innovation. 🧵 bst-europe.eu/economy-secu... 1/

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If you care about any EU policy, chances are that money is involved. Great primer on the long-term budget and what to expect in the negotiations.

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The Industrial Accelerator Act is out. On public procurement in strategic sectors, it tries to square the circle: keep trusted partners in and China out. A few thoughts on the Commission’s approach in the proposal and the problem of China's transnational footprint:

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After months of wrangling and an epic list of delays, the Commission has finally released its Industrial Accelerator Act. This could turn into one of the EU’s most consequential industrial policy files in years - and the proposal is honestly not a bad place to start. Some quick thoughts:

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New piece with former fellow ECB hand @thinicemacro.bsky.social. At the Munich Security Conference, the ECB made its geopolitical move, opening repo lines to central banks globally. It was probably the most consequential policy announcement at the conference. 1/ www.cer.eu/insights/ecb...

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