Stanislas Jourdan
@stanjourdan.bsky.social
Associate fellow @ New Economics Foundation & Sustainable Finance Lab.
Eurozone, central banking, sustainable finance, EU democracy.
Former Director @ Positive Money EU
https://stanislasjourdan.fr/en
Eurozone, central banking, sustainable finance, EU democracy.
Former Director @ Positive Money EU
https://stanislasjourdan.fr/en
Pinned
💡🏦🪴 The ECB can fight inflation and accelerate the energy transition
My new report with @wwf.eu shows how targeted ECB green refinancing operations could be designed to lower interest rates for banks lending towards renewables, grids, storage and energy efficiency renovations
#ECB #GreenTLTROs
My new report with @wwf.eu shows how targeted ECB green refinancing operations could be designed to lower interest rates for banks lending towards renewables, grids, storage and energy efficiency renovations
#ECB #GreenTLTROs
Reposted by Stanislas Jourdan
U.S. diplomats asked a French magistrate last year whether she could intervene over Marine Le Pen’s election ban.
The previously unreported details of the meeting will refocus attention on American efforts to back the European far right.
🔗 #[politi.co/4qxwpy9
The previously unreported details of the meeting will refocus attention on American efforts to back the European far right.
🔗 #[politi.co/4qxwpy9
January 21, 2026 at 1:27 PM
U.S. diplomats asked a French magistrate last year whether she could intervene over Marine Le Pen’s election ban.
The previously unreported details of the meeting will refocus attention on American efforts to back the European far right.
🔗 #[politi.co/4qxwpy9
The previously unreported details of the meeting will refocus attention on American efforts to back the European far right.
🔗 #[politi.co/4qxwpy9
Well said Mark Carney:
"when we only negotiate bilaterally with a hegemon, we negotiate from weakness. We accept what's offered. We compete with each other to be the most accommodating.
This is not sovereignty. It's the performance of sovereignty while accepting subordination."
"when we only negotiate bilaterally with a hegemon, we negotiate from weakness. We accept what's offered. We compete with each other to be the most accommodating.
This is not sovereignty. It's the performance of sovereignty while accepting subordination."
Special Address by Mark Carney, Prime Minister of Canada
YouTube video by World Economic Forum
www.youtube.com
January 21, 2026 at 10:37 AM
Well said Mark Carney:
"when we only negotiate bilaterally with a hegemon, we negotiate from weakness. We accept what's offered. We compete with each other to be the most accommodating.
This is not sovereignty. It's the performance of sovereignty while accepting subordination."
"when we only negotiate bilaterally with a hegemon, we negotiate from weakness. We accept what's offered. We compete with each other to be the most accommodating.
This is not sovereignty. It's the performance of sovereignty while accepting subordination."
Reposted by Stanislas Jourdan
The Prime Minister of Belgium speaks:
January 20, 2026 at 12:47 PM
The Prime Minister of Belgium speaks:
Reposted by Stanislas Jourdan
Trump veut faire élire Marine Le Pen ou Jordan Bardella !
On n’est plus dans de la fiction ou une théorie du complot, mais face à une réalité quand on entend, ce soir, le témoignage de la magistrate Magali Lafourcade. Et c'est flippant ! 😰
On n’est plus dans de la fiction ou une théorie du complot, mais face à une réalité quand on entend, ce soir, le témoignage de la magistrate Magali Lafourcade. Et c'est flippant ! 😰
January 18, 2026 at 7:45 PM
Trump veut faire élire Marine Le Pen ou Jordan Bardella !
On n’est plus dans de la fiction ou une théorie du complot, mais face à une réalité quand on entend, ce soir, le témoignage de la magistrate Magali Lafourcade. Et c'est flippant ! 😰
On n’est plus dans de la fiction ou une théorie du complot, mais face à une réalité quand on entend, ce soir, le témoignage de la magistrate Magali Lafourcade. Et c'est flippant ! 😰
January 18, 2026 at 8:39 AM
Interrogé par le sénateur Jean-Raymond Hugonet, le Gouverneur de la Banque de France réagit à la lettre ouverte des 70 économistes sur l'euro numérique parue dimanche dans le FT :
#DigitalEuro #BCE
#DigitalEuro #BCE
Les banques privées contre l'euro numérique: réponse du gouverneur de la Banque de France
YouTube video by Stanislas Jourdan
youtu.be
January 15, 2026 at 11:15 AM
Interrogé par le sénateur Jean-Raymond Hugonet, le Gouverneur de la Banque de France réagit à la lettre ouverte des 70 économistes sur l'euro numérique parue dimanche dans le FT :
#DigitalEuro #BCE
#DigitalEuro #BCE
Don’t believe the hype on Russian growth.
🔹Oil and gas revenues down 50%.
🔹The Kremlin is hiking taxes and covertly printing money & National Welfare Fund hits rock bottom.
🔹80% of Russians are now worse off than before the invasion.
@martinsandbu.ft.com
www.ft.com/content/8abe...
🔹Oil and gas revenues down 50%.
🔹The Kremlin is hiking taxes and covertly printing money & National Welfare Fund hits rock bottom.
🔹80% of Russians are now worse off than before the invasion.
@martinsandbu.ft.com
www.ft.com/content/8abe...
Russia is running out of money
Go behind the propaganda, and the intensifying strain is evident
www.ft.com
January 12, 2026 at 1:14 PM
Don’t believe the hype on Russian growth.
🔹Oil and gas revenues down 50%.
🔹The Kremlin is hiking taxes and covertly printing money & National Welfare Fund hits rock bottom.
🔹80% of Russians are now worse off than before the invasion.
@martinsandbu.ft.com
www.ft.com/content/8abe...
🔹Oil and gas revenues down 50%.
🔹The Kremlin is hiking taxes and covertly printing money & National Welfare Fund hits rock bottom.
🔹80% of Russians are now worse off than before the invasion.
@martinsandbu.ft.com
www.ft.com/content/8abe...
70 economists, including Thomas Piketty and 2 former central bank governors warn that Europe must launch a digital euro to resist "deepening US control" of money.
A public digital euro must be accessible, private, and work online and offline to serve society 👍
www.ft.com/content/b060...
A public digital euro must be accessible, private, and work online and offline to serve society 👍
www.ft.com/content/b060...
Digital euro ‘only defence’ against deepening US control of money, economists warn
Academics including France’s Thomas Piketty press MEPs to resist ‘shortsighted’ lobbying against the project
www.ft.com
January 12, 2026 at 11:02 AM
70 economists, including Thomas Piketty and 2 former central bank governors warn that Europe must launch a digital euro to resist "deepening US control" of money.
A public digital euro must be accessible, private, and work online and offline to serve society 👍
www.ft.com/content/b060...
A public digital euro must be accessible, private, and work online and offline to serve society 👍
www.ft.com/content/b060...
Reposted by Stanislas Jourdan
🚘New record! Over 30% of all new cars registered in the EU were electric last November.
The trend is supported by steady growth in German and French markets and a sharp jump in Italy.
You can navigate the dataset in our Bruegel European Clean Tech Tracker: european-clean-tech-tracker.bruegel.org
The trend is supported by steady growth in German and French markets and a sharp jump in Italy.
You can navigate the dataset in our Bruegel European Clean Tech Tracker: european-clean-tech-tracker.bruegel.org
January 6, 2026 at 4:01 PM
🚘New record! Over 30% of all new cars registered in the EU were electric last November.
The trend is supported by steady growth in German and French markets and a sharp jump in Italy.
You can navigate the dataset in our Bruegel European Clean Tech Tracker: european-clean-tech-tracker.bruegel.org
The trend is supported by steady growth in German and French markets and a sharp jump in Italy.
You can navigate the dataset in our Bruegel European Clean Tech Tracker: european-clean-tech-tracker.bruegel.org
Excellent résumé !
"L’euro numérique n’a rien de spectaculaire. Et pourtant, il est au cœur d’un choix fondamental : voulons-nous que le paiement reste un service public, sûr, transparent et démocratiquement contrôlé ? Ou acceptons-nous qu’il soit entièrement abandonné à des intérêts privés ? "
"L’euro numérique n’a rien de spectaculaire. Et pourtant, il est au cœur d’un choix fondamental : voulons-nous que le paiement reste un service public, sûr, transparent et démocratiquement contrôlé ? Ou acceptons-nous qu’il soit entièrement abandonné à des intérêts privés ? "
L’euro numérique, un sujet hautement politique
A première vue, l’euro numérique n’a rien de révolutionnaire. Nous payons déjà sans contact, avec notre téléphone, via des applications comme Apple Pay ou Wero.
www.alternatives-economiques.fr
January 6, 2026 at 11:28 AM
Excellent résumé !
"L’euro numérique n’a rien de spectaculaire. Et pourtant, il est au cœur d’un choix fondamental : voulons-nous que le paiement reste un service public, sûr, transparent et démocratiquement contrôlé ? Ou acceptons-nous qu’il soit entièrement abandonné à des intérêts privés ? "
"L’euro numérique n’a rien de spectaculaire. Et pourtant, il est au cœur d’un choix fondamental : voulons-nous que le paiement reste un service public, sûr, transparent et démocratiquement contrôlé ? Ou acceptons-nous qu’il soit entièrement abandonné à des intérêts privés ? "
Bon passage en revue des options pour verdir la politique monétaire.
Il s'agirait de basculer d'une approche basée sur le risque financier à une approach plus proactive, orientée directement sur la facilitation des canaux de financement de la transition.
Il s'agirait de basculer d'une approche basée sur le risque financier à une approach plus proactive, orientée directement sur la facilitation des canaux de financement de la transition.
Taux vert, création de monnaie verte, ratios de levier sectoriels... Les idées ne manquent pas que la politique monétaire aide à la transition écologique. Mais, en Europe, des blocages politiques limitent l'action de la Banque centrale.
www.alternatives-economiques.fr/politique-mo...
www.alternatives-economiques.fr/politique-mo...
Comment la politique monétaire peut (et doit) participer à la transition écologique
La Banque centrale européenne pourrait jouer un rôle important pour réorienter les flux financiers du brun au vert. Mais ses actions restent pour l’instant timides. Les verrous sont politiques, non te...
www.alternatives-economiques.fr
January 6, 2026 at 11:25 AM
Bon passage en revue des options pour verdir la politique monétaire.
Il s'agirait de basculer d'une approche basée sur le risque financier à une approach plus proactive, orientée directement sur la facilitation des canaux de financement de la transition.
Il s'agirait de basculer d'une approche basée sur le risque financier à une approach plus proactive, orientée directement sur la facilitation des canaux de financement de la transition.
One of the most important battles for Europe's sovereignty and progressive macroeconomics this year:
www.ft.com/content/99a7...
www.ft.com/content/99a7...
‘Down to the wire’: ECB’s digital euro project faces decisive vote in 2026
Central bank aims to introduce the tokens in 2029 but parties in the European parliament are divided
www.ft.com
January 6, 2026 at 10:26 AM
One of the most important battles for Europe's sovereignty and progressive macroeconomics this year:
www.ft.com/content/99a7...
www.ft.com/content/99a7...
Reposted by Stanislas Jourdan
“The demand is there. People like night trains. They think they’re better for the environment or more efficient — that’s not the issue. The problem is the limitations and bureaucracy of the railway system.”
www.politico.eu/article/why-...
www.politico.eu/article/why-...
Why Europe’s night-train renaissance derailed
Aging carriages, high costs and reluctant incumbents choked off the night-train revival — even as passengers clamor for more.
www.politico.eu
December 30, 2025 at 6:35 AM
“The demand is there. People like night trains. They think they’re better for the environment or more efficient — that’s not the issue. The problem is the limitations and bureaucracy of the railway system.”
www.politico.eu/article/why-...
www.politico.eu/article/why-...
25% of gross final energy consumption in the EU came from renewable sources in 2024, up by 0.7 percentage points compared with 2023.
This is falling short of the 2.9 pp annual increase required to meet the 2030 targets.🙁
ec.europa.eu/eurostat/web...
This is falling short of the 2.9 pp annual increase required to meet the 2030 targets.🙁
ec.europa.eu/eurostat/web...
25.2% of energy EU used in 2024 came from renewables
In 2024, 25.2% of gross final energy consumption in the EU came from renewable sources, up by 0.7 percentage points compared with 2023. This share is 17.3 pp short of meeting the 2030 target (42.5%), ...
ec.europa.eu
January 5, 2026 at 2:39 PM
25% of gross final energy consumption in the EU came from renewable sources in 2024, up by 0.7 percentage points compared with 2023.
This is falling short of the 2.9 pp annual increase required to meet the 2030 targets.🙁
ec.europa.eu/eurostat/web...
This is falling short of the 2.9 pp annual increase required to meet the 2030 targets.🙁
ec.europa.eu/eurostat/web...
Reposted by Stanislas Jourdan
Les armes décisives contre les pétro-agressions russes, américaines, et autres à venir.
Nous sommes bien à l'âge de l'écologie de guerre.
Nous sommes bien à l'âge de l'écologie de guerre.
January 3, 2026 at 5:17 PM
Les armes décisives contre les pétro-agressions russes, américaines, et autres à venir.
Nous sommes bien à l'âge de l'écologie de guerre.
Nous sommes bien à l'âge de l'écologie de guerre.
Reposted by Stanislas Jourdan
Some thoughts on what Trump has done in Venezuela and what it might mean for US national security. Caveat: not a Latin America scholar so this is focused on US policy. Clearly huge consequences for Venezuela that others can address.
First, despite the buildup, I didn't think Trump would do it.
1/
First, despite the buildup, I didn't think Trump would do it.
1/
January 3, 2026 at 2:37 PM
Some thoughts on what Trump has done in Venezuela and what it might mean for US national security. Caveat: not a Latin America scholar so this is focused on US policy. Clearly huge consequences for Venezuela that others can address.
First, despite the buildup, I didn't think Trump would do it.
1/
First, despite the buildup, I didn't think Trump would do it.
1/
Reposted by Stanislas Jourdan
Avoirs russes : l'Europe, bloquée par ses vieux traités de protection des investissements
ou pourquoi 6 organisations européennes portent plainte contre 4 Etats membres 🧵 THREAD |
www.alternatives-economiques.fr/avoirs-russe...
ou pourquoi 6 organisations européennes portent plainte contre 4 Etats membres 🧵 THREAD |
www.alternatives-economiques.fr/avoirs-russe...
Avoirs russes : l'Europe, bloquée par ses vieux traités de protection des investissements
La Belgique, qui héberge l’essentiel des avoirs gelés, redoute que les investisseurs russes recourent à des mécanismes d’arbitrage prévus dans des traités d’investissements pour lui réclamer des rembo...
www.alternatives-economiques.fr
December 17, 2025 at 9:43 AM
Avoirs russes : l'Europe, bloquée par ses vieux traités de protection des investissements
ou pourquoi 6 organisations européennes portent plainte contre 4 Etats membres 🧵 THREAD |
www.alternatives-economiques.fr/avoirs-russe...
ou pourquoi 6 organisations européennes portent plainte contre 4 Etats membres 🧵 THREAD |
www.alternatives-economiques.fr/avoirs-russe...
Reposted by Stanislas Jourdan
The EC’s long-awaited "Grids Package" is finally out. Moving toward a system-oriented approach for Europe's infrastructure is the right step, but it won't work in a black box.
In my latest for @bruegel.org, I argue why transparency is important to making this effective.
In my latest for @bruegel.org, I argue why transparency is important to making this effective.
⚡ Europeanised energy infrastructure planning is a good idea if done right
🤝 But will the Commission's proposal foster the trust needed to make a centralised infrastructure work?
🔗 Read @aroth.bsky.social's First Glance: www.bruegel.org/first-glance...
#EconSky
🤝 But will the Commission's proposal foster the trust needed to make a centralised infrastructure work?
🔗 Read @aroth.bsky.social's First Glance: www.bruegel.org/first-glance...
#EconSky
Europeanised energy infrastructure planning is a good idea if done right
A European Commission bid for more central oversight of energy infrastructure planning promises benefits if buy-in of EU countries can be secured
www.bruegel.org
December 16, 2025 at 10:20 AM
The EC’s long-awaited "Grids Package" is finally out. Moving toward a system-oriented approach for Europe's infrastructure is the right step, but it won't work in a black box.
In my latest for @bruegel.org, I argue why transparency is important to making this effective.
In my latest for @bruegel.org, I argue why transparency is important to making this effective.
Reposted by Stanislas Jourdan
Only one of the world’s four most powerful monetary authorities is acting as though the climate transition is a problem for #CentralBanks: The People's Bank of #China.
@mathiaslarsen.bsky.social @granthamlse.bsky.social & @james7jackson.bsky.social @manchester.ac.uk for @lsebr.bsky.social.
@mathiaslarsen.bsky.social @granthamlse.bsky.social & @james7jackson.bsky.social @manchester.ac.uk for @lsebr.bsky.social.
While Western central banks hesitate on climate, China’s acts - LSE Business Review
Only one of the world’s four most powerful monetary authorities is acting as though the climate transition is a central banking problem.
blogs.lse.ac.uk
December 13, 2025 at 9:12 AM
Only one of the world’s four most powerful monetary authorities is acting as though the climate transition is a problem for #CentralBanks: The People's Bank of #China.
@mathiaslarsen.bsky.social @granthamlse.bsky.social & @james7jackson.bsky.social @manchester.ac.uk for @lsebr.bsky.social.
@mathiaslarsen.bsky.social @granthamlse.bsky.social & @james7jackson.bsky.social @manchester.ac.uk for @lsebr.bsky.social.
The debate on central bank independence too often caricatural and polarized by extreme positions.
In this op-ed with @sebmang.bsky.social we try to strike a fine balance, and argue that the best way to defend central bank independence is to reinvent it at the same time.
In this op-ed with @sebmang.bsky.social we try to strike a fine balance, and argue that the best way to defend central bank independence is to reinvent it at the same time.
Central bank independence is under attack from the populist right, but defending it can’t mean ignoring policy failures. Better coordination between monetary and fiscal policy is needed to pursue democratic objectives.
Full analysis👇
Full analysis👇
Why Europe Must Rethink Central Bank Independence
Protecting its independence from the populist right attacks requires greater accountability and closer alignment with long-term economic and climate goals.
www.greeneuropeanjournal.eu
December 11, 2025 at 10:54 AM
The debate on central bank independence too often caricatural and polarized by extreme positions.
In this op-ed with @sebmang.bsky.social we try to strike a fine balance, and argue that the best way to defend central bank independence is to reinvent it at the same time.
In this op-ed with @sebmang.bsky.social we try to strike a fine balance, and argue that the best way to defend central bank independence is to reinvent it at the same time.
Reposted by Stanislas Jourdan
« Travailler plus pour gagner pl… Ah non en fait »
« La valeur "travail" est primordi… Oups. Raté aussi »
Quand tous les slogans politiques dominants sont contredits par les faits.
Une tartuferie au détriment des classes moyennes (dont la colère est évidemment réorientée vers les plus pauvres).
« La valeur "travail" est primordi… Oups. Raté aussi »
Quand tous les slogans politiques dominants sont contredits par les faits.
Une tartuferie au détriment des classes moyennes (dont la colère est évidemment réorientée vers les plus pauvres).
December 9, 2025 at 7:53 AM
« Travailler plus pour gagner pl… Ah non en fait »
« La valeur "travail" est primordi… Oups. Raté aussi »
Quand tous les slogans politiques dominants sont contredits par les faits.
Une tartuferie au détriment des classes moyennes (dont la colère est évidemment réorientée vers les plus pauvres).
« La valeur "travail" est primordi… Oups. Raté aussi »
Quand tous les slogans politiques dominants sont contredits par les faits.
Une tartuferie au détriment des classes moyennes (dont la colère est évidemment réorientée vers les plus pauvres).
💡🏦🪴 The ECB can fight inflation and accelerate the energy transition
My new report with @wwf.eu shows how targeted ECB green refinancing operations could be designed to lower interest rates for banks lending towards renewables, grids, storage and energy efficiency renovations
#ECB #GreenTLTROs
My new report with @wwf.eu shows how targeted ECB green refinancing operations could be designed to lower interest rates for banks lending towards renewables, grids, storage and energy efficiency renovations
#ECB #GreenTLTROs
December 5, 2025 at 9:37 AM
💡🏦🪴 The ECB can fight inflation and accelerate the energy transition
My new report with @wwf.eu shows how targeted ECB green refinancing operations could be designed to lower interest rates for banks lending towards renewables, grids, storage and energy efficiency renovations
#ECB #GreenTLTROs
My new report with @wwf.eu shows how targeted ECB green refinancing operations could be designed to lower interest rates for banks lending towards renewables, grids, storage and energy efficiency renovations
#ECB #GreenTLTROs
The @ecb.europa.eu can help shield Europe from fossil fuel price shocks AND support the climate at the same time! 🌳📈
Through green refinancing operations (cheaper loans for banks funding green projects), both the economy and the climate can win.
🔗 Read WWF’s new study: tinyurl.com/4ezx9tva
Through green refinancing operations (cheaper loans for banks funding green projects), both the economy and the climate can win.
🔗 Read WWF’s new study: tinyurl.com/4ezx9tva
December 4, 2025 at 9:39 AM
Reposted by Stanislas Jourdan
@insee.fr vient donc de sortir son édition 2025 du "🇫🇷, portrait social"
Avec notamment des données sur les très hauts revenus et très hauts patrimoines
Et ce graphique :
-l'augmentation entre 2003 et 2022 des très hauts revenus 118%
-celle du premier quart de la population 23%
Sans commentaire
Avec notamment des données sur les très hauts revenus et très hauts patrimoines
Et ce graphique :
-l'augmentation entre 2003 et 2022 des très hauts revenus 118%
-celle du premier quart de la population 23%
Sans commentaire
November 18, 2025 at 5:58 PM
@insee.fr vient donc de sortir son édition 2025 du "🇫🇷, portrait social"
Avec notamment des données sur les très hauts revenus et très hauts patrimoines
Et ce graphique :
-l'augmentation entre 2003 et 2022 des très hauts revenus 118%
-celle du premier quart de la population 23%
Sans commentaire
Avec notamment des données sur les très hauts revenus et très hauts patrimoines
Et ce graphique :
-l'augmentation entre 2003 et 2022 des très hauts revenus 118%
-celle du premier quart de la population 23%
Sans commentaire
Reposted by Stanislas Jourdan
Housing. It’s all about housing.
Danish voters turn on PM Frederiksen over housing costs
After 122 years in power, voters in Copenhagen are turning their backs on the governing Social Democrats and expressing increased dissatisfaction with the party’s rightward turn.
www.politico.eu
November 18, 2025 at 4:28 PM
Housing. It’s all about housing.