What does Finanzwende do?

The citizens’ movement, Finanzwende e.V., is intended to be a counterbalance to Germany’s powerful financial lobby organisations. It is an independent interest group for ordinary citizens. Through campaigns, financial education programmes and consumer protection it will work towards a common goal, namely a change in the financial system, so that we can return to a situation in which the markets serve the people – and not the other way around.

Why are we awarding a grant to Finanzwende?

There is almost no dialogue today about fiscal policy. Citizens are no longer involved in initiating new legislation or reforms. The financial lobby dominates what happens here.  In order to build a politically effective counter-voice to current fiscal policy – and one that represents the interests of civil society – we need solid financial means, well-qualified people and a great deal of patience.

What is our mutual goal?

Together we want to ensure that the Finanzwende initiative makes its voice heard and that it becomes part of the process of devising policy. Another aim of our involvement with Finanzwende is to use start-up finance to increase public awareness of the initiative and to attract a large number of financial supporters who, long term, would ensure that the initiative is not dependent on a few large donors.