Tag: European Central Bank

The ECB Response to COVID-19

| 27 March 2020
Blog, Monetary | Tags: Asset Purchases, Covid-19, European Central Bank, Helicopter Money, Targeted Refinancing Lines
Since the outbreak of the COVID-19 crisis, the European Central Bank (ECB) committed to inject an additional 870 billion euro – about 7% of the euro area’s GDP – into financial markets to address the significant challenge the pandemic poses to the economy. Through its ... continue reading

Green Money Without Inflation

| 7 March 2019
Blog, Monetary | Tags: Environment, European Central Bank, Inflation, Quantitative Easing
To what extent can the money created by the central bank be used to finance investments in the environment? This is a question that is often asked today. The green activists respond with enthusiasm that the central bank, and in particular the European Central Bank ... continue reading