With a monetary policy that has already used up almost all of its ammunition, the only factor that could restart the inflation would be a powerful tax stimulus. There is a path that is not being given enough attention and that could well be the missing link: the sustainable tax stimulus.
Green New Deal
Miguel Navascués | Everyone talks ever more passionately demanding that climate change be slowed by changing from energy based on oil and gas to one that does not produce CO2. But no-one explains if technological change will really allow this to happen in time.
Alexandre Mato (Brussels) | The new EU strategy against climate change seeks to reduce CO2 emissions by 40% before 2030, at the same time as modernising the continent´s economy and creating thousands of jobs.
Alexandre Mato (Bruselas) | Brussels recently announced the creation of the Innovation Funds with 10 billion euros to invest up until 2030 in green technologies to support the European energy transition.