As a new recession looms in the runup of the Coronavirus crisis, Positive Money Europe’s newest report outlines why and how “helicopter money” should be deployed as soon as possible in the Eurozone. 

There is little point in slowing down the contagion by forcing the economy to accelerate. Instead of blunt stimulus measures, the ECB must respond to the Coronavirus by launching targeted support for SMEs.

On Monday 2 December 2019, a group of NGOs including Positive Money Europe met with the new President of the European to hand over a letter calling on the ECB to accelerate its efforts in the fight against climate change.

More than 160 academics and civil society representatives signed an open letter urging the new president of the European Central Bank to take concrete action in the fight against climate change.

Speaking to the European Parliament’s economic committee, the nominated president for the European Central Bank Christine Lagarde set expectations high that she will review the ECB’s strategy, prioritize climate change, and improve the ECB’s dialogue with civil society.