FROM THE BLOG

EU Elections 2024: our 5 points for achieving a sustainable future in Europe

EU Elections 2024: our 5 points for achieving a sustainable future in Europe

The European Elections are just around the corner. After five years filled with unprecedented events like the COVID-19 pandemic, war, geopolitical tensions, supply shocks, climate and energy crises, and the rising cost of living, it’s clear that Europe has had to adapt to multiple critical challenges. Will Europe be able to shape a response that offers hope for a fairer, safer future?

Wages and inflation: the ECB’s non-dilemma

Wages and inflation: the ECB’s non-dilemma

The European Central Bank (ECB) points to wage developments as a cause of concern, arguing that it jeopardises their capacity to reach their inflation target of 2%. This is an unfounded fear, as current wage trends are a natural development against the backdrop of the recent energy shock. Being guided by this concern, the ECB is erring on the side of too tight for too long.

Implications of the ECB’s new operational framework for the green transition

Implications of the ECB’s new operational framework for the green transition

On Wednesday March 13, 2024, the European Central Bank (ECB) announced changes to its operational framework, the toolbox it uses to implement its monetary policy. Think of it like the control panel of a car, with the ECB adjusting the settings (interest rates) to keep the car (financial conditions and prices) running smoothly. The operational framework relates to how the ECB adjusts these settings, which is to say the mechanisms by which it sets interest rates.

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