ECBs Elderson laying the case for "green"
<ul><li><p><strong>Preference for EU Supranational Bonds</strong>:</p><ul><li>Elderson emphasizes that when there's no clear monetary policy reason to prefer domestic sovereign bonds, the ECB should think about increasing the share of EU supranational bonds.</li></ul></li><li><p><strong>Reconsidering Targeted Longer-Term Refinancing Operations (TLTROs) for Banks</strong>:</p><ul><li>Elderson suggests that if there's a future monetary policy need to reconsider TLTROs for banks, there are strong reasons to seriously think about integrating environmental sustainability aspects into these operations ("greening" them).</li></ul></li></ul>
This article was written by Greg Michalowski at www.forexlive.com.
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