Bertille Bayart: The ECB will be snowing euros for Christmas?

The 4th of November, Christine Lagarde will take possession of its new office in Frankfurt. And some are already asking the new president of the european centra

Bertille Bayart: The ECB will be snowing euros for Christmas?

The 4th of November, Christine Lagarde will take possession of its new office in Frankfurt. And some are already asking the new president of the european central Bank (ECB) to organise the most fantastic pot finish that is, by distributing money directly to citizens of the euro area. Daniel Cohen, director of the economics department of the École normale supérieure, is the latest economist to date to have mentioned this idea ( Echoes of 6 September): "The ECB could, for example, pay 1,000 euros for each citizen on the day of Christmas! It would be 340 billion." Should rain occur, or rather it neigerait, euros on the Old Continent, directly in our pockets.

" READ ALSO - ECB: Christine Lagarde begins in the footsteps of Mario Draghi

The assumption seems to be baroque. A suspected side effect from a viewing compulsive disorder in the series La casa de papel of which season 3 is the stage for a delivery by airship of bank notes on Madrid's dismayed that while. In reality, the ...

Updated Date: 15 September 2019, 00:00

Kathleen Lees

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