In this traineeship, you will be part of the Fiscal Policies Division in the Directorate General Economics. The Division has 25 members of staff responsible for assessing the national fiscal policies of EU Member States and the euro area fiscal stance. They provide fiscal forecasts, monitor public debt sustainability and perform analytical work on a variety of related topics, including the interaction between fiscal and monetary policy. They are also responsible for analysing issues related to the architecture of Economic and Monetary Union, particularly in relation to the EU’s fiscal framework. They collaborate closely with several other divisions in our Directorate General, as well as euro area national central banks.
Duties
- support research analysts and economists in our Division, contributing to both short-term tasks and long-term projects;
- help maintain and develop the Division’s databases for monitoring fiscal developments and related macroeconomic and financial market indicators;
- contribute to the enhancement of the Division’s forecasting, modelling and other analytical tools;
- support the preparation of the Division’s regular internal and external products, including its contributions to the ECB’s Economic Bulletin, for instance by producing tables, charts, presentations and other analytical input in collaboration with other ECB business areas;
- contribute to the Division’s research projects by conducting empirical analysis and macroeconomic modelling.
Requirements
- a bachelor’s degree or higher in economics, finance, mathematics, statistics, data science, computer science, engineering or another related field;
- experience with statistical, econometric and data science packages and programming languages (e.g. MATLAB, Python, R, Stata, Julia, EViews);
- experience in processing and analysing fiscal, macroeconomic or financial market data and programming automated data tasks;
- a good knowledge of the MS Office package;
- an advanced (C1) command of English and an intermediate (B1) command of at least one other official language of the EU, according to the Common European Framework of Reference for Languages.
- a master’s degree or higher (or master’s degree studies in the final stages of completion) in economics, finance, mathematics, statistics, data science, computer science, engineering or another related field;
- strong programming skills in one or more programming languages (e.g. MATLAB, Python, R, Stata, Julia, EViews);
- initial experience in applying machine learning algorithms or using AI tools for analytical purposes, with a strong interest in developing further expertise in this area.
Benefits
The trainee grant is €1,170 per month plus an accommodation allowance.
Place of work: Frankfurt am Main, Germany
Deadline: 11 March 2026
For more information: European Central Bank
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