After Covid19, huge numbers of households and companies are expected to have loan payment difficulties, aggravating the socially disastrous effects of the crisis and putting a serious strain on the recovery. The EU’s plans to […]
The pandemic and current economic crisis exacerbate economic inequality by disproportionately burdening individuals on the lower part of the income distribution. The ECB’s asset purchases have further fueled this trend. It is time the ECB […]
The ECB launched a massive 750 billion euro plan to cope with the Coronavirus crisis. But these measures will only work if national governments spend as much as is necessary and outline an ambitious plan […]
Digital currencies have great potential, but ceding control to a cartel of tech companies is not the answer. David Clarke, Positive Money’s Head of Policy & Advocacy. Cross-posted from Positive Money Europe Facebook sent shockwaves […]
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 […]
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