Stanislas Jourdan
@stanjourdan.bsky.social
EU Macro-finance policy entrepreneur. Associate fellow @neweconomics.bsky.social & Sustainable Finance Lab. Former Director @ Positive Money EU https://stanislasjourdan.eu
"Si les électeurs s’abstiennent ou se tournent vers les extrêmes, c’est qu’ils ne parviennent plus à former leur volonté politique dans le système délibératif actuel. Personne ne considère plus ce théâtre d’ombres comme un véritable débat démocratique. " www.telos-eu.com/fr/politique...
L’autodestruction de la démocratie du public
Par Gérard Grunberg et Jean-Louis Missika
telos-eu.com
"If the EU is serious about addressing the housing crisis, it must commit to a sustained, structured dialogue with the research community. Not as an afterthought, not as a box-ticking exercise, but as a core component of policymaking."
Brussels asked for housing advice — then ignored its own EU‑funded research
The EU affordable housing plan was conceived in crisis mode, mirroring the reactive logic of many national 'housing crisis' strategies: rushed, politically-driven, and shaped more by the need to be se...
euobserver.com
Good move. Policymakers cannot both claim that energy-efficient homes are less risky and at the same time tolerating that bank loans for energy efficiency remain punitively expensive. Will be interesting to see how they make it work in practice.
UK government to subsidise bank loans for green home improvements
Scheme aims to boost take-up by backing up to 20 per cent of loans for installation
ft.com
PBOC takes another step to promote the international role of the RMB. www.pbc.gov.cn/en/3688110/3...
"If industrial policy in the west had delivered this kind of bang for its buck, we would be patting ourselves on the back." www.ft.com/content/b6ca...
Wasting China’s solar panel surplus is madness
Clean power is within our reach — yet factories sit idle
ft.com
Great move! The EU Commission wants to encourage members states to invest into green energy resilience, by exempting 0.3% of green public spending. The ECB should apply the same logic by applying lower rates (green TLTROs) for green bank lending for electrification, renovations etc.💸
EU relaxes budget rules amid Iran war ‘turbulence’ | Euractiv
Italy has repeatedly urged Brussels to permit additional energy-related expenditures
euractiv.com
Surprisingly good speech by Yannis Stournaras on housing affordability and the role of monetary & prudential policy. This makes plenty of sense to me! #housing #MacroprudentialPolicy www.bankofgreece.gr/en/news-and-...
🏦🇫🇷The French Parliament has officially cleared Emmanuel Moulin as the next Governor of the Banque de France! Despite 58 votes against and 52 for, the opposition failed to reach the 3/5 majority needed to block the President's nomination. #BanqueDeFrance #GreenFinance #ECB
Lagarde: "the status quo is clearly unsustainable. Europe imports roughly 60% of its energy. (...) Alternative sources of energy offer the clearest path to minimising the trade-offs between Europe’s energy policy goals of security, sustainability and affordability. www.ecb.europa.eu/press/key/da...
Climate, nature and monetary policy
The European Central Bank (ECB) is the central bank of the European Union countries which have adopted the euro. Our main task is to maintain price stability in the euro area and so preserve the purch...
ecb.europa.eu
EXCLUSIVE: The European Commission will tomorrow urge EU countries to eradicate poverty, arguing that governments can fund action by using existing resources more effectively.
EU to tell countries to fight poverty — without offering fresh cash
Commission strategy lands as far-right parties turn cost-of-living anger into electoral gains.
politico.eu
Alors que le Président s’apprête à nommer Emmanuel Moulin à la tête de la Banque de France, je co-signe une tribune dans Le Monde avec @alaingrandjean.bsky.social en forme de lettre de mission au futur Gouverneur. Le leadership climatique de la BDF est un acquis, mais il faut aller plus loin.🧵 1/3
ECB Frank Elderson on green dual rates: "As part of an evaluation of our operational framework, we will look at whether similar instruments can be applied on a more structural basis so that they achieve two objectives at once." www.ecb.europa.eu//press/inter... #ECB #GreenTLTRO
Orban coming to the US, children already here. Under Trump the US has become a haven for global fascists on the run. Netanyahu’s and Bolsonaro’s sons here as well.
Szabolcs Panyi@szabolcspanyi.bsky.social · 3mo agoBREAKING: Viktor Orbán quits Hungary's parliament after 36 years – confirming my earlier scoop that he's planning a longer US trip this summer, where heads of the Orbán business empire – his daughter and son-in-law – already live, and where he could possibly seek refuge from prosecution.
💡🇪🇺 🚗Social leasing is the key to onboarding millions of households in the green transition. It brings clean tech benefits upfront while smoothing out costs over time. Now is the time to scale it up. Our op-ed in Euractiv with @sebmang.bsky.social: www.euractiv.com/opinion/euro...
Europe needs green tech more than ever; France shows social leasing is the way forward | Euractiv
Low-income households are the most exposed to energy price shocks and the least able to access technologies that would protect them. A social lease turns the financing equation around
euractiv.com
Our new analysis by @jordischroeder.bsky.social shows: Wind & solar cut EU electricity prices by 24.2% (2023-2025). As fossil fuel tensions rise again, this matters more than ever. 🧵👇
"in an unequal and stagnant economy, capitalism starts to look less like a gradually increasing pie and more like a zero-sum game where, in order for you to win, someone else has to lose." www.theguardian.com/commentisfre...
Want to know capitalism’s endgame? Just look at private equity – it has captured our everyday lives | Hettie O'Brien
These companies now own everything from nurseries to care homes, squeezing vital services for profit while we foot the bill, says Hettie O’Brien, author of The Asset Class: How Private Equity Turned C...
theguardian.com
Absolutely emblematic of the failed EU macroeconomic technocracy. While you hear Commission's @teresaribera.ec.europa.eu rightly championing the energy transition, the Commission's economic staff quietly penalizes members states spending public money for it. You can't make this stuff up! 🤦♂️
EU fiscal models degrade strong case for clean energy
Every euro spent by national governments is treated by commission as generating just €0.60 of economic activity no matter where it goes. Grid investment, education, tax cuts for the wealthy: all are l...
euobserver.com
Feeling quite emotional after doing my first ever github commit tonight 🫠
🏠 🇪🇺 Two weeks ago the European Parliament adopted a report on the housing affordability crisis. In this article, I demonstrate how ignoring the financialisation dynamics will result in a failure to address the root cause of of the problem. thegoodlobby.eu/the-eus-hous...
The EU's Housing Problem Isn't Supply. It's Finance | The Good Lobby
The EU’s emerging strategy for housing affordability centres on boosting new supply, attracting private capital, and cutting red tape.
thegoodlobby.eu
"When we discuss the transmission channels of geopolitical shocks, we must also recognise a structural vulnerability in Europe: our continued reliance on imported fossil fuels. This affects both our resilience to shocks & our competitiveness" Good speech by @ollirehn.suomenpankki.fi #ECBwatchers
Exactly as expected... The most infuriating thing is that all lobby groups and crony politicians who undermined the Green deal / energy transition will never be held accountable for the loss of geopolitical and economic power which they are largely responsible for. www.ft.com/content/6bf1...
An excellent piece by Martin Sandbu on how to respond to higher energy prices: 🔹Adopt very targeted transfers for households, or even better tiered-pricing policies 🔹Link subsidies to incentives for shifting consumption away from (gas-powered) peak hours 🔹Don't raise interest rates 🔹Windfall taxes
How (not) to help with high energy prices
Heed the lessons from 2022
ft.com
Evidence from Finland’s shows that during energy price shock : 🔹High-income households largely adapt by cutting energy use 🔹Low-income households spend more of their budget on energy but have the least scope to reduce consumption. cepr.org/voxeu/column...
Causal evidence on cost-of-living shocks: How the energy crisis affected energy demand, labour supply, and financial strain
In a cost-of-living shock, households must cope with lower purchasing power while also substituting away from goods whose prices have risen. The distributional consequences of a price shock thus depend on households’ capacity to adjust. This column examines how households in Finland responded to the 2022 European energy crisis. Responses differed sharply by income, with low-income households showing the least scope to cut electricity use and the greatest signs of financial strain. Understanding these responses is important for designing relief policies during periods of high energy prices.
cepr.org
Les Vingt-Sept s’apprêtent à échanger sur les moyens de faire face à la flambée des prix du pétrole et du gaz. L’absence de souveraineté énergétique du continent se fait cruellement sentir, alors que les autorités européennes ralentissent les efforts en la matière. www.mediapart.fr/journal/inte...
Avec la guerre au Moyen-Orient, le détricotage du Pacte vert européen paraît encore plus absurde
Réunis en sommet jeudi 19 et vendredi 20 mars, les Vingt-Sept échangeront sur les moyens de faire face à la flambée des prix du pétrole et du gaz. L’absence de souveraineté énergétique du continent s…
mediapart.fr
An excellent piece! "Ultimately, the macroeconomic significance of CBDC is shaped by policy choices, and political economy determines whether CBDC becomes a significant factor." cepr.org/voxeu/column...
Central bank digital currency, the future of money, and politics
A number of concerns have been raised regarding retail central bank digital currency. These range from competition and innovation, privacy issues, and monetary sovereignty. This column argues that central bank digital currency is not just another digital payment tool, but state-issued money with the potential to fundamentally reshape monetary systems. It emphasises the differences between neutrality and non-neutrality in adoption, and the implications of both for the financial system. Ultimately, the macroeconomic significance of central bank digital currency is shaped by policy choices, and political economy determines whether it will become a significant factor.
cepr.org
This is very exciting, was hoping for this. Congratulations @helene-rey.bsky.social , can't think of anyone better www.bis.org/press/p26031...
Hélène Rey appointed as Economic Adviser and Head of Monetary and Economic Department
Hélène Rey, Professor of Economics at London Business School, appointed as Economic Adviser and Head of the Monetary and Economic Department of the BIS. Ms Rey is appointed for a five-year term, effec...
bis.org
“What’s driving China’s decarbonisation at this juncture is less environmental considerations than the desire to develop the economy and upgrade the manufacturing industry” www.ft.com/content/721c...
What do China’s new green targets really mean?
Beijing keeps room for manoeuvre a key part of clean energy push
ft.com
