FSE/ESF Forum social européen/European Social Forum - Controlling the ECB for a euro in favour of employment
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Memoria Viva // Paris 2003 Reports // Against the logic of profit //

Controlling the ECB for a euro in favour of employment [en] | fr
26 January 2004

 

principal themes for debate

There is an open discussion among citizen and social forces about the goals of the ECB, the reasons why its statute is imbedded in the European constitution project, its independence, accountability, and organisation. For unionists, activists against unemployment and poverty, and socially conscious experts, the European Social Forum could be an opportunity to exchange views about a more active involvement of the ECB in favour of employment and growth, instead of focusing on price stability, which in effect means the preservation of the interests of financial investors.

implementation proposals

It could be useful to start discussing proposals for a better relationship between the ECB and its social environment, in terms of its goals, organisation and operations. That work should include discussions about National Central Banks (NCBs) as members of the European System of Central Banks (ESCB) and national institutions interacting with many economic and social entities at the national level.






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