by Serena Di Luccio | Mar 7, 2023
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.
by Positive Money Europe | Feb 2, 2023
The ECB increases rates by another 0.5 percentage points despite its’ forecasts being wrong. This decision is unprecedented and will have serious socioeconomic consequences.
by Positive Money Europe | Dec 29, 2022
Key activities and moments from the last 12 month
by Positive Money Europe | Dec 22, 2022
2022 has shown how important it is to live in homes that can protect us from the reckless actions of petrostates, and from skyrocketing fossil energy prices. For many families, it will be hard, if not impossible, to enjoy the Christmas period in healthy and comfortable homes. EU institutions, including the European Central Bank (ECB), can make sure that this will be the last Christmas of this kind.
by Jordi Schröder Bosch | Oct 6, 2022
Extensive research shows that the past decade of low-rates monetary policy has significantly contributed to rising house prices, thus fuelling a self-propagating mechanism of wealth inequality and decreasing housing affordability. However, raising rates can also harm economic welfare. How can policymakers make a fairer housing market?
by Positive Money Europe | Sep 29, 2022
As bills rise, the planet gets hotter, and the energy crisis rages, fuelled by foreign fossil fuel exports, it’s clear that we cannot continue to burn fossil fuels as we do now. In the European Union (EU), buildings are currently responsible for 36% of carbon emissions – we need to take urgent measures to reduce energy use in our homes. Our people-powered “Unlock” campaign is based on three key demands to make this happen.