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Should debts held by the ECB be cancelled?
Online
23 September 2021

Thursday 23 September, 6.30-8.30 p.m. – Should debts held by the ECB be cancelled?

With Renaud Lambert (Monde Diplomatique), Benjamin Lemoine (researcher with the CNRS and author of L’ordre de la dette. Enquête sur les infortunes de l’État et la prospérité des marchés), Éric Toussaint (spokesperson for CADTM International), and Aline Farès (author of Chroniques d’une ex-banquière).

In February 2021, the question of what to do with the €2,500 billion of sovereign debt held by the European Central Bank was all over the media. On 5 February, 150 economists from 13 European countries published an op-ed calling for the cancellation of those debts. Three weeks later, in another op-ed, 80 economists called for another solution. Meanwhile, as expected, the president of the ECB Christine Lagarde stated that cancelling this debt ran against the EU treaties and could not therefore be considered. So, for or against? Would it be a mere temporary relief or a real political lever?

To connect, simply click on the link below during the conference: https://us06web.zoom.us/j/83635602022

The conference will take place via Zoom, and will have simultaneous interpretation in French, English and Spanish. To use the interpretation, you should download the ZOOM application. Once installed, open the ZOOM application and log in. Then click on the globe at the bottom of your Zoom window and select the language of your choice.

Times are CET (Brussels, Paris…). To find out times in other zones, check here ici