The most recent meeting of ELEC’s Monetary Commissions focused on the sensitive issue of the Quantitative Easing policy of the European Central Bank. Speakers and participants formulated a lot of critical reflexions on the draconian decision to” print money” to pull the economy out of the crisis. But at the same time the question loomed: should the ECB then really have done nothing and let the deflationary recession go on? At the end of the meeting, room was made to discuss a perhaps  even more troublesome issue for the European Union: will the coming UK referendum lead to a Brexit and what will be the consequences? ELEC members can read the summary of the two challenging debates on our website.