In an epic myth-busting exercise, Christine Lagarde recently affirmed that “the ECB will neither run out of liquidity nor fail”, weighing into an odd but highly important debate about the special nature of central bank […]
The European Union (EU) is pretending it will unlock trillions of Euros to address the coronavirus crisis. But if we look closer, we realise this is too little, too late, and will only drive countries […]
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 […]
The recent declarations of new European Central Bank president Christine Lagarde on the possible role of her institution in the fight against climate change have revived pushbacks from central bankers and financial commentators against “green quantitative easing”. However, the […]
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 […]
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