To ensure monetary policy does not conflict with the EU’s carbon neutrality targets, the European Central Bank must replace its current ‘market neutrality’ approach and rely instead on the EU taxonomy, a new briefing by […]
Since the outbreak of the Covid-19 crisis, a debate has emerged on whether we should write off public debts owed to central banks. Despite its technical feasibility, cancelling debt is not the first-best proposal to […]
Europe needs helicopter money to cope with the severe upcoming recession while avoiding a massive unsustainable debt burden. As soon as the economic recovery phase starts, the ECB should boost consumption in a fair way […]
This week the Dutch government blocked a proposal to activate a special credit line for countries who need financial support to fight the Covid19 crisis. But the logic behind the Dutch position is backward-looking and […]
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 […]
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 […]
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