Nicolas Hercelin Archives - Brave New Europe

Nicolas Hercelin – Why the ECB Should go Beyond “Market Neutrality”

September 22, 2019 Mathew D. Rose 0

The European Central Bank regularly justifies the mis-alignement of its policies with the EU’s climate goals by claiming it must respect the “market neutrality” principle. However our research shows this principle is more the result […]

Positive Money Europe – Investing in the Past: How the ECB Quietly Subsidizes the Car Manufacturing Sector

June 13, 2019 Mathew D. Rose 0

Since 2014, the ECB has been quietly subsidizing the German and French car manufacturing sector, through its asset-backed securities purchase programme (ABSPP). To date, the ECB has purchased more than 10bn euros of securitized assets […]