The ECB partnered with Debating Europe and Bocconi University for an online debate. They want to give you the chance to talk to ECB policymakers so you can ask any questions you have and share your views with them (very much like our #Ask event with ECB President Mario Draghi).
Think Europe can do more for its young people? That was the topic of the most recent #ECBYouthDialogue! One of the ECB’s Executive Board members, Benoît Cœuré, answered your questions on 13 March at 18:00 CET in front of an audience at Bocconi University in Milan, and Debating Europe streamed the live Q&A.
So, what did our readers ask? First up, we had a comment sent in from Owen, who asked: “What are the ECB’s views, if any, on the economic impact of migration flows into the European Union?”
How would Benoît Cœuré respond?
Next up, we had a comment sent in from Alessandro, pointing out that “In Europe there are several very different countries in terms of their national economic situation. How is it possible to implement the right monetary policy within our diverse currency area?”
Here’s Benoît Cœuré’s response:
Finally, Leah sent us in a question asking: “Do you see any connection between the ECB’s monetary policy in the aftermath to the Great Recession and [the rise of] populism?”
This was the response:
Benoît Cœuré also answered questions from the audience of students at Bocconi University. You can see the full video at the top of this post!
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Make their parents’ lives less stressful: quit putting financial pressure on us all.
Not your business
Hi Olivier, could you expand on why it’s not our business?
taking care of youths. Let each country cope with it. We don’t want you to format young European islamofascists or socio liberals… Take care of economics…. And protect our borders from illegal migrations and unfair competition what you do very badly…
Every country should take care of its youth and help the newcomers but never do a policy to equal them. Wine is good, water necessary but mixed is a fiasco.
Change radically, the education System. History, has been changed, in favor of marxism. In fact the USA won the II world War, but the soviets, took it for granted. They were so much helped, with military material from de USA. In the last 30 years, schools and colleges, were invaded by, the cultural Marxism. Burocracy has also spread, with more and more organizations to financialy sustein. Taxes, allways going up.
Study-Work-pay taxes, is boring.
Invest in education, including improving / maintaining access to higher education.
The EU needs to strengthen alternative forms of political engagement. Young people will be forever be out-voted by an ageing population at the ballot box, so there need to be alternative channels for young people to participate, including direct democracy tools.
The most important thing the EU can do for its youth is by spearheading an effective global response to climate change.
1) Deliver a Brexit deal that minimises economic disruption
2) Transition to a circular economy + sustainable energy
3) Reduce irregular migration by strengthening common borders + creating legal migration routes into the EU + investing in countries of emigration to reduce migration pressures
Tackle growing inequality.
Young people cannot afford to rent property, many live with their parents into their 30s. The idea of owning their own property is a pipedream. Help address that problem to help young people
We can solve our own problems. What can Europe do for young people? Vote for young politicians.
In order for that to happen, parties actually have to put young politicians on the lists.
What can Europe do for its youth? A European Green New Deal
How about doing something to stop young peoples from east and south europe emigrating to the west? Give them a reason to stay in their own countries, rather than leaving to seek jobs elsewhere?
Quality jobs. That means decent salaries, worker rights, protection, etc.
Honestly, the problem is that the ECB’s mandate is too restrictive. Price stability a is fine goal, but it shouldn’t automatically overrule other goals, such as employment and economic growth.
No, the problem is the euro.
Just do your jobs!