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HomeEuropean Central Bank

European Central Bank

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EU politics

Bruno De Conti, Jordi Schröder Bosch – Europe’s imperative to de-dollarise in a world of erratic US ‘leadership’

July 28, 2025 Ben Wray 0

The ECB relies on the Federal Reserve for dollar liquidity in a crisis – what happens if the Fed decided to turn off the dollar tap? Cross-posted from Positive Money The European Central Bank (ECB) […]

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Finance

Yanis Varoufakis – Forget shares, bonds and tariffs. Here is what you should really worry about

April 9, 2025 Ben Wray 0

A very short piece but definitely a thought worth thinking about. In Yanis Varoufakis’ blog. Read the article HERE.

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Economics

Jordi Schröder Bosch – Wages and inflation: The ECB’s non-dilemma

April 8, 2024 Ben Wray 0

The European Central Bank is not happy about above-inflation wage rises. Presumably they would prefer European workers to lose purchasing power permanently. Jordi Schröder Bosch is a researcher at Positive Money Europe. Cross-posted from Positive […]

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EU politics

Jordi Schröder Bosch: Beware of the lags

May 8, 2023 Ben Wray 0

The European Central Bank has raised interest rates again, despite the alarming signs that a financial crisis is looming. Jordi Schröder Bosch is a researcher at Positive Money Europe. Cross-posted from Positive Money Europe Prices […]

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Economics

Serena Di Luccio – Windfall profits for banks, crisis for people: The money system is unfair and needs to be reformed

March 8, 2023 Ben Wray 0

As a consequence of the European Central Bank (ECB) raising its interest rates, banks in the euro area will earn €70 billion in unearned windfall profits. Cross-posted from Positive Money Europe There is a huge […]

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Economics

Shaun Richards: The German economy contracts as inflation picks up on both Spain and Italy

January 30, 2023 Ben Wray 0

Germany is entering recession, despite predictions from the great and the good that it wouldn’t. Read the article HERE.

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Economics

Craig Stirling and Joel Rinneby: Eurozone’s Worst Year of Inflation Probably Ended With Respite

December 30, 2022 Ben Wray 0

Some signs that inflation may have peaked. Read the article HERE.

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EU politics

Uuriintuya Batsaikhan and Jan Musschoot – The gifts that keep on giving: Banks’ windfall profits as a consequence of ECB rate hikes

December 16, 2022 Ben Wray 0

Banks are making massive profits on European Central Bank interest rate rises, with German and French banks making the most Cross-posted from Positive Money Europe THE ECB is expected to pay around €40 billion in […]

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Economics

Patrick Kaczmarczyk: Interest rate hikes are not the answer to Europe’s inflation problem

October 5, 2022 Ben Wray 0

The history of ECB rate hikes is disastrous – there’s little reason to believe it will go any better this time Cross-posted from the LSE EUROPP blog INFLATION rates across the Eurozone are putting the […]

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Economics

Jordi Schröder Bosch, Marc Beckmann: Counting on the ECB to act on fragmentation risks

August 1, 2022 Ben Wray 0

The European Central Bank’s new Transmission Protection Instrument gives it even more power over Eurozone member-states Cross-posted from the Positive Money Europe blog What does fragmentation in the Eurozone mean?  Fragmentation is the divergent movement […]

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Book Reviews

EU politics

Blitzed: Drugs in Nazi Germany by Norman Ohler

August 10, 2025 0

Book review by  Branko Milanović As I walked yesterday past the Metropolitan Museum in New York, I saw, among many stands that sell all kinds of trinkets, a table filled with books. One attracted my […]

Economics

The Spectre of State Capitalism by Ilias Alami and Adam D Dixon

July 2, 2025 0

Reviewed by J. D. Evans Alami and Dixon’s The Spectre of State Capitalism is a careful discussion of a topic often dealt with in platitudes and sound-bites. The authors cover uses of ‘state capitalism’ as […]

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