How to create a financial system that helps, not destroys, the real economy? Seven years on from the financial crisis that heralded the great recession, this question remains unresolved. The 7th edition of the Green European Journal addresses the issue, highlights some Green ideas and shines a spotlight on the lobbying might that is working to prevent change.
Europe is still reeling from the financial crisis that began in 2007. Many economies remain heavily indebted, unemployment is unacceptably high and public services are continuing to be cut back. All the while, many in the financial sector wish to return to business-as-usual, accepting no responsibility for what happened.