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German Govt Sacks US-Based Economic Expert Malmendier

Summary by Daily Finland
The German Council of Economic Experts expressed "surprise and the greatest regret" on Sunday at the decision by the government not to extend the mandate of one of its five members, reported dpa. According to a report this week in the Handelsblatt business daily, there is opposition within Chancellor Friedrich Merz's coalition government to the reappointment of Ulrike Malmendier, a professor at the University of California in Berkeley and an exp…

15 Articles

Lean Left

Ulrike Malmendier, a renowned professor of economics, no longer advises the government as an economic method.

Lean Right

The expert council will be converted to Handelsblatt information: Trade economist Gabriel Felbermayr will follow Ulrike Malmendier. Veronika Grimm's post will also be released.

·Düsseldorf, Germany
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Center

The economist Malmendier has left the Expert Council for the Evaluation of Economic Development.

·Germany
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Center

From now on, there will be a vacant position in the field of economics: the mandate of economist Ulrike Malmendier has not been extended and will now end after only three and a half years.The Council of Economic Experts declared on Sunday that he had reacted with "great surprise" to the non-extendation of the mandate and took note of the decision with "greatest regret". Anyone who follows Malmendier is still unclear.Malmendier had joined the adv…

·Germany
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Lean Right

Ulrike Malmendier has been advising the Federal Government on economic matters for more than three years. But now it is over: the mandate of the top economist in the expert council is not extended. Her colleagues are surprised.

For days no one from the Union informed the economy about Ulrike Malmendier's future. Now they speak for the first time. What about the government advisors?

·Munich, Germany
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Frankfurter Allgemeine broke the news in Frankfurt, Germany on Sunday, March 1, 2026.
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