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.
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.
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.
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.
Positive Money Europe are looking for a German & English-speaking Digital Communications Officer to help us increase our impact by building a community of supporters around our campaigns and increasing our visibility in the general public and in the media.