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Stop the ECB subsidising climate disaster, NGOs demand

70 European civil society organisations including Friends of the Earth and Corporate Europe Observatory call on the ECB to stop channeling more quantitative easing money towards polluting multinational corporations.

Green MEPs urge the ECB to stop financing environmentally harmful multinationals

In an open letter to the European Central Bank's president Mario Draghi, Green MEPs urge the ECB to align its quantitative easing programme with the EU environmental global commitments.

ECB's corporate QE drives climate change, analysis reveals

The European Central Bank’s programme of ‘quantitative easing’ has seen over €46 billion of public funds invested in sectors including the oil, gas and car industries.

ECB confirms 'helicopter money' is legally feasible under conditions

In a public letter, Mario Draghi recognizes that making transfers directly to citizens is legally feasible if the design of such scheme is clearly within the monetary policy framework.

EU Parliament report shows unprecedented level of concern on ECB

Today the European Parliament has expressed an unprecedented level of concern about the European Central Bank’s increasingly risky monetary policies and recommends it redirect its QE programme towards investment to boost the economy.

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