On Wednesday 13 March and Thursday 14 March, the NGO Positive Money Europe (PMEU) reacted to the new operational framework announced by the European Central Bank (ECB) (see EUROPE B13370A33). PMEU welcomes the positive elements, including the reaffirming of the ECB’s secondary mandate and the green transition in the operational framework.
However, PMEU believes that there are still shortcomings, in particular that the timeline for implementing the new instruments - longer-term...