New Report: Helicopter money as a response to the COVID-19 recession

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. 

What should the ECB do to address the Coronavirus crisis?

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.

Christine Lagarde meets with Positive Money Europe

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.

ECB must act now on climate change, civil society leaders tell Lagarde in open letter

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.

What can we hope from Christine Lagarde as ECB President?

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. 

LATEST NEWS

New report: Mainstreaming Monetary Finance in the Covid-19 crisis

New report: Mainstreaming Monetary Finance in the Covid-19 crisis

With Eurozone governments spending huge amounts to fight the recession caused by Covid-19, the debt sustainability debate and how to manage it will only intensify in the coming months. Positive Money Europe’s new report, written by Sebastian Diessner, assesses the merits and drawbacks of different monetary finance proposals with the potential to revive the euro area economy.

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EU recovery fund: Big decisions, small stimulus

EU recovery fund: Big decisions, small stimulus

The recovery fund agreed between EU leaders on 21 July is a big step forward for the European Union’s structure. Unfortunately, it is still an insufficient contribution to the post-pandemic European financial system and the path towards a low-carbon economy. More innovative monetary policies by the European Central Bank will still be needed to complement the EU’s recovery fund in the future.

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Lagarde responds to NGO calls for climate-friendly action tackling Covid-19

Lagarde responds to NGO calls for climate-friendly action tackling Covid-19

In a letter to Positive Money Europe, European Central Bank (ECB) President Christine Lagarde has outlined how the ECB is fighting the climate crisis. Her letter was responding to a recent letter sent to Lagarde from 45 civil society organisations, demanding the ECB stop breaking its climate promises by supporting some of the world’s most polluting companies in its response to the Covid-19 pandemic.

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