Banks are making billions while people struggle – the ECB needs to act

Banks are making billions while people struggle – the ECB needs to act

Today, together with a group of distinguished economists and Members of the European Parliament (MEPs), we sent an open letter to the Governing Council of the European Central Bank (ECB). Our collective call is for a thorough reassessment of the minimum reserve requirements imposed on commercial banks within the euro area. Among the signatories are academics Paul De Grauwe, Yuemei Ji, Andrea Roventini, Sebastian Diessner and Philipp Heimberger, and MEPs including René Repasi, Philippe Lamberts, Bas Eickhout, Henrike Hahn, Paul Tang and Evelyn Regner. We are also joined by the UN Special Rapporteur, Olivier De Schutter.

The Unlock campaign delivers 58,000 petition signatures to the ECB

The Unlock campaign delivers 58,000 petition signatures to the ECB

Today, members of the Unlock campaign delivered a staggering 58,000 petition signatures to Boris Kisselevsky, the Head of the European Central Bank (ECB) Representation in Brussels. The delivery comes on the opening day of the UN Climate Talks (COP28) in Dubai, and just one week ahead of the next trilogue on the Energy Performance of Buildings Directive (EPBD) on 7 December.

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