As a consequence of the European Central Bank (ECB) raising its interest rates, banks are making sky-high unearned extra profits, while people and public budgets are only losing out. We believe that a money system that benefits private over public interests needs to be deeply reformed.
Despite its decision to start raising interest rates, the European Central Bank President Christine Lagarde signaled an interest in introducing a “green TLTRO” system – a reference to Positive Money Europe’s proposal which is now making a comeback in the debate.
A recording of Positive Money Europe’s latest webinar is now available. What role can the banking sector play in the Renovation Wave? How can the European Central Bank unlock affordable green loans and green mortgages? Our experts answered these questions.
A recording of Positive Money Europe’s new webinar on the ECB’s neglected secondary mandate is now available online.
A recording of Positive Money Europe’s new webinar on Helicopter Money is now available online.
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.
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