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Europe Daily Bulletin No. 12457

31 March 2020
EU RESPONSE TO COVID-19 / Economy
Coronavirus, Positive Money Europe calls on ECB to transfer money directly to citizens
Brussels, 30/03/2020 (Agence Europe)

Once the health emergency of the COVID-19 pandemic is over, the European Central Bank (ECB) should pay money directly to citizens (without reimbursement) to respond to the looming economic recession, according to a new report by the NGO Positive Money Europe, published on Monday 30 March.

According to the document, such a practice, also known as ‘helicopter money’, would be the most effective and quickest way to revive economic activity by stimulating consumption once the COVID-19...

Contents

EU RESPONSE TO COVID-19
EXTERNAL ACTION
SECTORAL POLICIES
INSTITUTIONAL
EDUCATION
NEWS BRIEFS
CALENDAR
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