About Bruegel

Bruegel at a glance

Bruegel is a European think tank that specialises in economics. Established in 2005, it is independent and non-doctrinal. Bruegel’s mission is to improve the quality of economic policy with open and fact-based research, analysis and debate. We are committed to impartiality, openness and excellence. Bruegel’s membership includes EU Member State governments, international corporations and institutions.

Through publications, events, social media, and a lively blog, Bruegel has carved a unique discussion space for everyone interested in improving the quality of economic policy. Through a dual focus on analysis and impact, and dynamic relationships with policymakers at every governance level, it has also established itself as a vibrant laboratory for economic policies.

Research areas

European Macroeconomics & Governance

The European crisis remains on top of the research agenda at Bruegel. The central priorities concern the best way to address remaining market tensions, the broader macroeconomic policy response in the EU, central banking, policies to foster macroeconomic adjustment, and the question of how to reform European governance to ensure effectiveness and legitimacy.

Global Economics & Governance

In this research area, Bruegel is analysing developments in the world economy, with special attention to the interactions between, on the one side, European (or European-based) actors and, on the other side, global actors and actors located in the EU’s neighbourhood. The three main lines of research are Asia, global governance and the relations between the EU and major regional players.

Finance & Financial Regulation

Research focus is on auditing and financial disclosure and the regulation, supervision and resolution of global financial firms. Another key research topic in this area is the changing financial landscape in Europe in a context of growing pressure to re-nationalize financial policy and on the link between the sovereign and the banking crisis in Europe.

Innovation & Competition Policy

A growing share of Bruegel’s research has been devoted to the study of the structural underpinnings of economic performance, competitiveness and growth. Topics covered include: the role of information technology for growth, competition policy and state aid, entrepreneurship, globalisation and future of manufacturing, firm internationalisation and competitiveness, energy and climate policies and their implications for economic performance.
Innovation & Competition Policy
Energy & Climate

2016 Research Programme
2015 Research Programme
2014 Research programme
2013 Research programme
2012 Research programme
2011 Research programme
2010 Research Programme
2009 Research Programme
2008 Research Programme
2007 Research Programme
2005-2006 Research Programme


Bruegel is a non-profit international association under Belgian law (AISBL), governed by its Statutes and its Bylaws. The Board is appointed by the membership with six board members being directly elected. It is chaired by Jean-Claude Trichet and its 11 members all have distinguished backgrounds in government, business, civil society or academia. Former Chairs Mario Monti and Leszek Balcerowicz were appointed Honorary President and Honorary Chairman, respectively.

The Board decides on strategy, adopts the research programme and budget and approves the appointments of senior staff. It appoints the Director and the Deputy Director each for a period of three years renewable twice (according to Art. 9, par. 2 of the Statutes).

The Director – currently Guntram Wolff – takes over all responsibility for the management of Bruegel, with the assistance of the Deputy Director and other managers. They prepare the research programme, annual work plan, budget, and annual report and present them to the Board. The Director and Deputy exercise editorial oversight of publications and control the quality of output. Bruegel takes no institutional standpoint and publications reflect the views of the authors only.
The Scientific Council is appointed by the Board and advises Bruegel’s management and staff, as well as the Board, on research. It also evaluates the quality of Bruegel’s research. The chairperson of the Scientific Council attends Board meetings.

Bruegel is comprised of a core fellowship of top researchers from around the world, Resident, Non-resident and Affiliate, plus a team of operational staff. It also operates a Visiting Fellow programme, which allows researchers from around the world to contribute to Bruegel’s work for a limited time, normally visiting from another institution. For any questions on membership and Bruegel more generally, please do not hesitate to contact our Secretary General, Matt Dann.

Awards and Rankings

Transparify has repeatedly awarded Bruegel five stars out of five for transparency, including 2015, recognising its openness about financing and governance.

Prospects Magazine Awarded Bruegel European Economic Think Tank of the Year in 2015.

In 2014, Bruegel ranked #2 Think Tank in the World (non-US) #5 Think Tank in the World (US Included), #3 Think Tanks with the Most Significant Impact on Public Policy worldwide, #3 International Economic Policy Think Tank in the World and #3 Best Managed Think Tank in the world, in the 2014 Global Go To Think Tank Report published by the University of Pennsylvania.


The concept of Bruegel was initially developed jointly by two French economists, Jean Pisani-Ferry and Nicolas Véron, in the autumn of 2002. On 22 January 2003, the project was endorsed and officially floated by French President Jacques Chirac and German Chancellor Gerhard Schröder in their joint declaration in Paris, marking the 40th anniversary of the De Gaulle-Adenauer Elysée Treaty. More on Bruegel’s history


The name Bruegel, initially proposed by Mario Monti, can be understood as standing for Brussels European and Global Economic Laboratory. It was also chosen because of the extraordinary evocative potential and resonance of the artistic work of Pieter Bruegel the Elder (the only one in the Bruegel/Breughel painters’ family who adopted this spelling of his name) with the think tank’s aims and identity. More on Bruegel’s name

Annual reports

2014 Annual Report
2013 Annual Report
2012 Annual Report
2011 Annual Report
2010 Annual Report
2009 Annual Report
2008 Annual Report
2007 Annual Report
2006 Annual Report
2005 Annual Report
2004 Annual Report