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Why green monetary policy is legal and legitimate 


Stan Jourdan and Marc Beckmann | 3 March 2021

Those sceptical that the European Central Bank (ECB) should its green monetary policy claim this is not compatible with the ECB’s mandate, and that this would be undemocratic. But fighting climate cha …



EZB-Schuldenerlass: Keine erstbeste Strategie; höchstens eine Notfalllösung


Stanislas Jourdan | 1 March 2021

Seit dem Ausbruch der Covid-19-Krise ist eine Debatte darüber entstanden, ob wir die Staatsschulden bei den Zentralbanken abschreiben sollten. Trotz der technischen Machbarkeit ist der Schuldenerlass …



NEW REPORT: How can the European Central Bank unleash building renovations across Europe


Uuriintuya Batsaikhan and Stanislas Jourdan | 24 February 2021

A new report by Positive Money Europe proposes to accelerate building renovations in the EU by tweaking the European Central Bank’s gigantic “TLTROs” programme to incentivize banks to offer cheap loan …



Cancellazione del debito detenuto dalla BCE: perché il gioco non vale la candela


Stanislas Jourdan | 16 February 2021

Dall’inizio della crisi da Covid-19, è emerso un dibattito circa la possibilità di cancellare i debiti pubblici detenuti dalle banche centrali. Seppur realizzabile, la cancellazione del debito non è l …



EU Parliament pressures ECB to address climate change


Alessia Del Vasto | 11 February 2021

In a vote on 9 February, Members of the European Parliament (MEPs) told the European Central Bank (ECB) to incorporate climate-related risks in its policies. The Parliament also formally agreed to sta …



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