What version of Premiere Elements and on what computer operating system is it running?
If you have Premiere Elements 13/13.1, it has a known No Disc error. The Adobe solution for that is deleting or disabling the OldFilm.AEX file.
For Windows 7, 8, 8.1, or 10 64 bit, the path to that file is:
Local Disk C
Adobe Premiere Elements 13
and in the NewBlue Folder is the Old Film.AEX file that you delete or disable by renaming it specifically to OldFilm.AEXOLD.
Please supply more details.
NOTE - the forum is having a problem indexing messages, so ATR's earlier message did not show until I posted my later message
I don't fully understand the translation, so the below may or may not help
No disk in drive POSSIBLE fix https://forums.adobe.com/thread/1587187
-the fix has to do with installling Smartsound for Premiere Elements version 11
-version 13 fix https://forums.adobe.com/thread/1680724
Just to point out...No disc error can occur in more than one version of Premiere Elements.
And, the cause can be different from one version as compared to another.
If you have Premiere Elements 11, the No disc error typically tracks a SmartSound music feature.
If you have Premiere Elements 13/13.1, the No disc error typically tracks that OldFilm.AEX file.
That is what makes the details of your particular situation more important to get to a solution for you.