The outcomes of the ECB’s strategic review show how much progress was made on civil society demands such as climate action and the inclusion of housing prices in inflation data. However, the ECB failed to depart from the status quo in terms of its core monetary policy tasks. Nonetheless, the ECB’s commitment to carry out periodic reviews, as soon as in 2025) are good foundations for working towards a more effective and fair monetary policy.
How can the ECB be reformed to benefit wider society? Positive Money Europe Executive Director Stanislas Jourdan discusses how the central bank can be reconfigured to put people above private banks.
A new briefing by Stanislas Jourdan and Sebastian Diessner outlines 12 recommendations on how the accountability of the ECB could be improved.
Positive Money Europe’s success is underpinned by the backing of over 3,000 dedicated supporters who share our vision of a fair, democratic and sustainable eurozone. We asked them for their opinions on our work and for more information about themselves.
Interview: “If helicopter money is not an option, there are not many other tools left in the toolkit”
Positive Money Europe is calling on the European Central Bank to make debt-free payments to every eurozone resident to combat the economic crisis caused by Covid-19. In this article translated from Alternatives Economiques, our Executive Director Stanislas Jourdan explains the concept in full.