“Ethical Markets congratulates Positive Money, our good friends in Europe for their innovative research changing the game of central banks!~Hazel Henderson, Editor”
It’s been two super-busy and successful months for Positive Money Europe. We’ve published two new reports, hosted an event in the European Parliament, and made it to prominent media! Check our latest successes below.
NEW REPORT “Strengthening Parliamentary Oversight of the ECB”
The ECB is often described as a super powerful and unaccountable central bank – which is true to a large extent. However from our experience we have found that the European Parliament have much more influence on the ECB than many people think. In this new report, we explore how the European Parliament can play an even more powerful role in holding the ECB to account. Read the report here.
We presented the report at the European Parliament on April 9th, thanks to the support of two Members of the Europan Parliament (Ramon Tremosa and Pervenche Berès). Our report was well received and appreciated by MEPs, and covered in Bloomberg, Agence Europe and the Financial Times.
Pictures are available here. Watch out for the upcoming report on our blog.
NEW REPORT “Aligning monetary policy with the European Union’s climate targets”
Three years ago we engaged in a battle against the ECB’s corporate quantitative easing programme – a massive subsidy towards the biggest multinational corporations.
In this new report co-written with Veblen Institute, we reveal ananalysis of the ECB portfolio which only confirms our worries: the ECB invests more than 110 billions toward the most polluting sectors of the economy. The report advocates for concrete proposals to “green” the ECB’s monetary policy.
The report is available both in French and in English. It was covered in several media such as Le Monde, Alternatives Economiques, and Belgian radio RTBF.