Not only is Greece being denied the entire refund for the illegitimate ECB profits made out during the crisis, but some countries are now conditioning the next repayment to stricter reforms. By Alessia Del Vasto […]
Appointments to the European Central Bank’s Executive Board are no less than a strategic and political decision over the future of the Eurozone. But experience has shown this process is not transparent, open, and democratic […]
Despite its recent decision the European Central Bank will keep re-injecting more than 190 billion euros into the financial system in 2019. But the ECB is not making the optimal use of those reinvestments. Cross-posted […]
This is something that we all should be supporting. At the bottom of the article you can sign the petition. By Stan Jourdan is Head of Positive Money Europe Cross-posted from Positive Money Europe On 18 […]
This is the second in a series of blogs looking at the relationship between Modern Monetary Theory and the proposals made by Positive Money. Rob Macquarie is an economist at Positive Money and leads its […]
After 8 years, Greece finally left its adjustment programme, just to be confronted with a harder challenge: financing itself from financial markets. However, by continuing to exclude Greek bonds from its quantitative easing programme, the […]
This is the first in a series of blogs looking at the intellectual and practical relationship between ‘Modern Monetary Theory’ and the proposals made by Positive Money. This is Part I: Intellectual roots and focus […]
Through its peculiar “Securities Market Programme”, the European Central Bank generated billions of profits for creditor Member States such as France and Germany. Positive Money´s research shows that nearly €8 billion have been lost for […]
One month ago, the Swiss population rejected by referendum a proposal to introduce a sovereign money system. What can we learn from the campaign in Switzerland? Here are takeaways from the debate event we hosted […]
Today Switzerland is holding a referendum concerning banking and the creation of money. BRAVE NEW EUROPE is posting two contrary articles in response to a piece in the Financial Times by MartinWolf on the topic […]
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