REPORT: Scaling-up buildings renovation with ECB credit policy
The 1.7 trillion euros TLTROs loan programme of the European Central Bank represents a unique opportunity to boost cheap loans across Europe.
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Why debt cancellation by the ECB is not the right strategy
Although debt cancellation by central banks is technically feasible, it is nearly legally and politically impossible to achieve, and its economic benefits would be rather minimal. There are better proposals in a progressive Eurozone reform agenda.
» Read moreECB must add quality to quantity – remarks at ECB Listens
On 21 October 2020, the European Central Bank organised its very first exchange of views with civil society organisations. At this occasion, I had the opportunity to address the ECB President Christine Lagarde and chief economist Philip R. Lane. Here are the full remarks I made on behalf of Positive Money Europe during the “ECB Listens” event: As external observers,
» Read moreGreen QE is not about green bonds
A recurring misinterpretation of “Green QE” is that central banks should restrict their asset purchases solely to green bonds. This op-ed was originally published on FT Alphaville on December 18, 2019 The recent declarations of new European Central Bank president Christine Lagarde on the possible role of her institution in the fight against climate change have revived pushbacks from central bankers and financial
» Read moreOpen letter to Christine Lagarde on climate change
A group of 165 academics and civil society organisations delivered an open letter to Christine Lagarde, calling on the ECB President to accelerate its efforts in addressing climate change.
» Read moreREPORT: Financing the Green New Deal
A coalition of 6 civil society organisations including Positive Money Europe publishes today a briefing report outlining how the European Commission can finance a one trillion euros “Green Deal” it committed to deliever.
» Read moreChristine Lagarde and the political nature of central banking
The nomination of Christine Lagarde as future ECB President comes as a reminder of an unconvenient reality for the financial establishment: central banks are not just technical bodies.
» Read moreInterview with Green European Journal
Green European Journal published an interview with me in which I elaborate on the perspective of Positive Money Europe on the monetary policy debate, the evolving role of central banks for climate change, and the prospects for Eurozone reforms. This interview was originally published on Green European Journal.
» Read moreREPORT: Strengthening the Parliamentary oversight of the ECB
New Positive Money Europe report co-authored by Stanislas Jourdan and Sebastian Diessner advocates for a greater role of the European Parliament in scrutinizing the European Central Bank.
» Read moreREPORT: Aligning monetary policy with the European Union’s climate targets
A new study co-written with Wojtek Kalinowski based an updated analysis of the ECB’s corporate bond purchae programme reveals a mismatch between the EU climate targets and the policies of the ECB.
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