About
Everything about the European Citizens Bank platform
Groups of pages
Beginners Handbook
The European Central Bank (ECB) - What is it?
FAQs
All about us, FAQs...
- Who is behind the European Citizens Bank?
- Why was the European Citizens Bank initiative created?
- What are the expected outcomes of this initiative?
- What can I do on the platform?
- Do I need any prior knowledge of finance and the economy to read the content?
- How is the content on the platform structured?
- Who chose and wrote the content?
- What are the interactive webinars and how do I register for them?
- What is the final online deliberation event?
- What will the final online deliberation event look like?
- How can I debate on the platform?
- How do I get selected for the final online deliberation event?
- Can I contribute to a national debate even if I am not a citizen of that country?
- What languages are available on the platform?
- What are conversations?
- What kind of data is being collected on the platform?
- Why am I seeing a different language?
- What is Decidim and Open Source Politics?
- How do I contact the platform administrators?
Glossary
Understand the ECB vocabulary
- Asset
- Austerity
- Balance sheet
- Bank reserves
- Bond
- Bond market
- Carbon footprint
- Central bank
- Central bank governor
- Central bank independence
- Civil society organisation
- Climate and environmental crisis
- Climate neutrality
- Collateral framework
- Corporate Sector Purchase Programme (CSPP)
- Coupon
- Credit Rating Agency (CRA)
- Debt
- Debt sustainability
- Deflation
- Deposit guarantee scheme
- Digital euros
- Eurogroup
- European Central Bank
- European Central Bank's Executive Board
- European Central Bank's Governing Council
- European Central Bank's strategy review
- European Commission
- European Council
- European Court of Justice
- European Green Deal
- European Parliament
- European Stability Mechanism
- European Union Treaties
- Eurosystem
- Eurozone/euro area
- EU taxonomy (for sustainable activities)
- Financial assets
- Financial speculation
- Fiscal rules
- Globalisation
- Green targeted longer-term refinancing operations (green TLTROs)
- Gross Domestic Product (GDP)
- Growth
- Harmonised Index of Consumer Prices (HICP)
- Helicopter money
- Household
- Inflation
- Inflation target
- Interest rate
- Investment bank
- Investor
- Key interest rate/policy rate
- Liquidity
- Loan
- Loan guarantees
- Mandate
- Market neutrality
- Member of the European Parliament (MEP)
- Monetary dialogue
- Monetary policy
- Monetary financing
- Negative interest rate
- Pandemic Emergency Purchasing Programme (PEPP)
- Price stability
- Paris Agreement
- Primary mandate
- Private sector
- Quantitative easing
- Real economy
- Risk
- Secondary mandate
- Sovereign debt
- Sustainable finance
- Targeted longer-term refinancing Operations (TLTROs)
- Technocrat
- Treasury
- Treaty on the Functioning of the European Union (TFEU)
- Universal Basic Income
- US Federal Reserve
Citizens' concerns
- I don’t understand how the financial system works 🤔
- My savings are losing their value 💸
- I’m worried about my pension 💰
- The gap between rich and poor is growing 📈
- Housing prices are too high 🏘️
- Banks are corrupt and self-serving 🐺
- Local businesses will go bankrupt (once support is withdrawn) 🧾
- Prices are going up 🛒
- Unemployment levels are too high 🤖
- The economy is fuelling the climate crisis ⛽
- We will never pay off the public debt 💶
- Bankers have too much power 🕴️
Approaches
Citizens' issues and visions for the future
- GOING DEMOCRATIC Ⓐ The European Central Bank should be more democratic given the power it has
- Ⓑ The European Central Bank has gone too far and should go back to its original mandate
- Ⓒ The European Central Bank should stop banks creating too much debt
- Ⓓ The European Central Bank should support the economy and citizens more directly
- Ⓔ The European Central Bank can’t do everything, governments must fully use their budgetary powers
- Ⓕ The European Central Bank should support the green transition
Proposals
Citizens' recommendations for the ECB
- #1 Include housing prices in the inflation index
- #2 Decrease or stop quantitative easing
- #3 ECB should “green” its quantitative easing programme
- #4 Promote fair and sustainable lending by banks
- #5 Support green investment by public banks via quantitative easing
- #6 The European Central Bank could distribute money directly to people
- #7 Introduce a digital euro and allow every citizen to hold central bank money
- #8 Change European Union Treaties to allow for direct financing of government spending
- #9 Restrict money creation by banks
- #10 Review EU fiscal rules to increase public spending
- #11 Create a permanent eurozone federal budget to coordinate fiscal policy and stimulate the economy
- #12 Forgive Covid-19-related debt of people and businesses
- #13 Increasing diversity in the ECB’s executive Board
- #14 Consultations with citizens
- #15 Periodic democratic review of the ECB mandate
- #16 The European Central Bank should communicate in a more accessible way to ordinary citizens
Pages
Contact us
We would love to hear from you.For platform feedback and suggestions: support@europeancitizensbank.euFor platform, technical support: suppor...
