our areas of work
A new study finds that ECB’s monetary policy affects the wage share of companies and thereby the distribution of income between workers and shareholders. Given that these effects differ by firm characteristics, monetary policy has uneven effects across the euro area. To tackle this, more targeted monetary policy tools should be developed.
A recording of Positive Money Europe’s new webinar on the ECB’s neglected secondary mandate is now available online.
Acting on a long-standing recommendation from Positive Money Europe, the European Parliament’s ECON Committee announced last week that it is ready to negotiate a new accountability framework with the ECB. It remains unclear however if the ECB will join the initiative.
On October 29, Positive Money Europe together with Fairfin placed a car wrecked by the recent floods in front of the National Bank of Belgium (NBB), serving as a staunch reminder that the NBB is bankrolling some of the worst climate offenders,. Thereby, Positive Money Europe joins a global movement of organizations calling for a moratorium on funding companies that undermine climate objectives.
A recording of Positive Money Europe’s new webinar on Helicopter Money is now available online.
A new report by Positive Money Europe proposes to break the deadlock on the ECB’s secondary mandate. Rather than cherry-picking its secondary objectives, the ECB should coordinate with other EU institutions to seek clarity on which EU priorities the ECB should support.