FROM THE BLOG
Taking action! The Belgian Central Bank targeted to provide cheap loans for energy renovation
Today we took to the streets to demand that the Bank of Belgium takes concrete measures to support the energy transition and help finance building renovations for energy efficiency.
The ECB raises interest rates in unprecedented tightening cycle
The European Central Bank (ECB) raised its interest rates today by 0.25 percentage points, taking further steps to tighten monetary policy in an already unprecedented cycle. It is puzzling.
Money matters, mind matters: How living in unequal societies impacts our mental health
In Europe, the week of 22-28 May is dedicated to raising awareness about the importance of mental health. In this blog, we want to highlight how some of the main problems in today’s financial and money system also represent a threat to our mental health. This shows a need to rethink and rebuild the economy so that it works for people’s well-being and not against it.
Reimagining our money system: The role of the digital euro! (Event)
Who should benefit from the digital euro, and what features should it have? Join us at our next event on this topic, on Monday 19 June, at Press Club Brussels.
Beware of the lags. Will the ECB continue tightening in the midst of a credit crunch?
The European Central Bank (ECB) is expected to further raise its rate of interest. Rate hikes take a long period of time to have an impact on the rest of the economy. The Bank Lending Survey shows that credit conditions and loan demand are tightening at rates not seen since previous major crises. A credit crunch in the making should be signaling to ECB officials that it is time to wait and see, as further increasing the interest rate without knowledge of the consequences of previous increases can prove to be a major policy mistake.
Will the digital euro make our money system better?
What are the potential benefits and/or drawbacks of a digital euro? We will answer in our next policy roundtable, in cooperation with the Veblen Institute.
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