Olaf Storbeck

Olaf Storbeck

@olafstorbeck.ft.com

Financial Times Frankfurt Bureau Chief. All Things ECB and European Macro. Previously: Reuters Breakingviews & Handelsblatt. Long distance cyclist. Car free since 2009. Views mine, not the FT's. (The FT's ones here: https://www.ft.com/ft-view)

10.4K followers382 following362 posts

The ECB will soon fire the starting gun on a sweeping reshuffle of its top ranks — a contest that will ultimately decide who succeeds its president Christine Lagarde. Klaas Knot, Joachim Nagel and Pablo Hernández de Cos are among the contenders. on.ft.com/3JoMCFC

on.ft.comECB to kick off race for top roles as Lagarde era enters final stretchFour of six jobs on central bank’s executive board become vacant before end of 2027, including the presidency

Can Porsche be saved? Once one of the most reliable sources of profits for Volkswagen, it has plunged into its deepest crisis in three decades. Sebastien Ash & Kana Inagaki take stock - they even talked the the new CEO (when he still was at McLaren.) www.ft.com/content/a0c3...

ft.comPorsche hits reverse on EV push as new CEO shifts back to petrolLuxury-car maker U-turns on strategy after China weakness, US tariffs and disappointing uptake of battery vehicles

A decade after rescuing Greece from default, the ECB has launched a very different bailout in its own backyard: It has provided €6.9mn of funding to Frankfurt’s oversubscribed European School after the City of Frankfurt failed to deliver on promises to find a new site. www.ft.com/content/4a8c...

ft.comECB’s unlikely €6.9mn school bailout funds classrooms in containersCentral bank provides emergency help to oversubscribed Frankfurt European school after plan for new premises fails

Langsam bekomme ich wirklich Mitleid mit Markus Braun. Der hat nicht nur eine Milliarde verloren und seine Freiheit, die Kollegen vom Spiegel nehmen ihm jetzt auch noch seinen Titel als Wirecard-Boss.

A top European Central Bank policymaker has pushed back against the view among investors that another rate cut over coming months is off the table, stressing that inflation risks are currently “tipped to the downside”. Olli Rehn: “There is simply no room for complacency" www.ft.com/content/763f...

ft.com‘No room for complacency’, warns top ECB policymaker after traders cool on rate cutsFinland central bank governor Olli Rehn says inflation risks ‘currently tipped to the downside’

If you read one article this weekend, read this one on Israel. “The country’s moderates are not giving up the struggle against their rogue government — and progressives elsewhere must not give up on them, writes historian Fania Oz-Salzberger” on.ft.com/3Vo4r9Q

on.ft.comThe battle for the soul of IsraelThe country’s moderates are not giving up the struggle against their rogue government — and progressives elsewhere must not give up on them, writes historian Fania Oz-Salzberger

Olaf Storbeck reposted

“We botched it with Riester, and I don’t know how many more chances we will get. We simply cannot afford to get it wrong again.” The prospect for Germany's state pension is dire. Berlin is now trying to nudge people to the stock market with a €10-a-month subsidy for kids www.ft.com/content/f1cb...

ft.comGermany’s pensions crisis: can €10 a month change how people invest?Europe’s largest economy offers the young a subsidy to invest in equities as public retirement scheme creaks

Olaf Storbeck reposted

"London Edinburgh London 2025 must have been the best ‘cancelled’ ride in the history of cycling. Quickly relabeled “London Floris London”, it was a mass application of the principle that “when life gives you lemons, make lemonade.” #LEL25 #LEL2025 #Randonneur #Cycling #Audax #CyclingStories

Olaf Storbeck reposted

💥 Christine Lagarde has discussed cutting short her term as European Central Bank president to become chair of the World Economic Forum, ousted WEF founder Klaus Schwab told @financialtimes.com A bonafide marmalade-dropper from @mjruehl.bsky.social & @olafstorbeck.ft.com on.ft.com/45sZ4fO

on.ft.comChristine Lagarde discussed leaving ECB early to head WEF, Klaus Schwab says[FREE TO READ] Ousted Davos founder says central bank chief has been in talks to leave before her term ends in 2027

Das Faltrad, das Leben retten kann. Als wir Brompton Bicycle CEO Will Butler-Adams davon erzählten, dass dt Fahrradfahrer Geld für den Kauf von 10 gebrauchten Krankenwagen für die Ukraine sammeln, spendete er spontan ein Brompton G Line Faltrad. Versteigerung läuft. www.ebay.de/itm/29728430...

ebay.deBrompton G Line Faltrad mit Gepäckträger (Größe M, Farbe: Orange) | eBay.deDas Faltrad, das Leben retten kann. Das G Line ist das erste Brompton mit dem Fahrgefühl eines vollwertigen Fahrrads. All das wurde ganzheitlich um das Faltrad herum entwickelt, das uns berühmt gemach...

Happy Easter everyone! I am still glowing from our 300km Audax on Saturday which has raised some €17,500 for the purchase of a used ambulance that will be donated to Ukraine as part of Chainreaction Bike Convoy for Ukraine.

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Thanks to some top notch mates who organised the start and the manned control, I managed to sneak into the ride and rode the route for the 2nd time in a week. It was a blast and I was 2 hours faster than on the route check.

Happy Easter everyone! I am still glowing from our 300km Audax on Saturday which has raised some €17,500 for the purchase of a used ambulance that will be donated to Ukraine as part of Chainreaction Bike Convoy for Ukraine.

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If you want to support our charity project, please donate directly to the charity Bamberg:UA Kontoinhaber: Bamberg:UA e.V. IBAN: DE05 7639 1000 0001 5183 13 Verwendungszweck: Chainreaction Bikeconvoy Frankfurt / Rettungswagen Or use Donorbox: lnkd.in/e64ygqp4

Happy Easter everyone! I am still glowing from our 300km Audax on Saturday which has raised some €17,500 for the purchase of a used ambulance that will be donated to Ukraine as part of Chainreaction Bike Convoy for Ukraine.

How was your weekend? Mine was great: I cycled 312km on Saturday in 17:33 hours for the final route check of Two Peaks Frankfurt. We are raising funds to buy a used ambulance for Ukraine. You can support us too! Donate straight to Bamberg:UA, the charity we are supporting. lnkd.in/e64ygqp4