by Positive Money Europe | Jan 28, 2022
The combination of higher inflation and the still too slow green transition creates a dilemma for the European Central Bank because taming down inflation using its traditional interest rate policy would effectively make green energy investments costlier. To avoid such counter-productive outcomes, the ECB needs to signal clearly that any effort to fight inflation will also maintain favorable funding conditions for spending or investments that contribute to a successful energy transition.
by Positive Money Europe | Nov 29, 2021
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.
by Positive Money Europe | Oct 5, 2021
Trillions are needed for the deep building renovations required to meet Europe’s climate targets. To make this happen, EU institutions need to use the network of banks across Europe and incentivise loans for home renovation, argue finance campaigners.
by Positive Money Europe | Oct 1, 2021
What are the conclusions of the ECB’s strategy review, and what are the implications of its climate action on our everyday lives?
In this short presentation, our economist Uuree focuses on the Asset Purchase Programmes, namely the Corporate Sector Purchase Programme of the ECB and explains why it represents a real issue when it comes to the climate emergency.
by Positive Money Europe | Jul 27, 2021
Still need a book for your summer vacation? Below is a selection of what we at Positive Money Europe are currently (re)reading – including one book in German and one in Italian, reflecting the diversity of our team.
