Protest against money politics: climate activists block ECB

supporters of the climate protection organizations have blocked on Tuesday afternoon, the main entrance to the premises of the European Central Bank (ECB) in Ostend. The action was directed against the monetary policy of the ECB in the Corona-crisis, informed the Alliance of the terrain, Fridays for the Future, Students for the Future and the eco-Radical on the left. The Central Bank is exacerbating global warming and social injustice. The police counted around 70 protesters. The Protest remained peaceful.

Matthias Trautsch

editor in the Rhein-Main-Zeitung.

F. A. Z. Twitter

the tower of The ECB was a “scene of the crime, the climate crisis,” said the Alliance. The Central Bank financed with your program for the purchase of corporate bonds disproportionately to corporations in the climate-damaging coal-, Gas – and automotive industry. In addition, the Alliance criticized the “Central role of the ECB in the growth-oriented capitalist Economy and the further Ballooning the assets on the financial markets through their pandemic emergency program”.

Asuka Kähler of the Frankfurt group of Fridays, for the Future, said that the ECB has already pumped in earlier crises, billion in the financial markets and the large corporations “”. Instead, the Central Bank should Finance the public sector directly, so that the state could socially and environmentally to invest, or the money the citizens give.

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