3
Oct
2023
Watch
The 10th consecutive increase in reference interest rates decided by the ECB and its consequences (debate)
Mr President, Mr Vice-President, Commission, ladies and gentlemen! Today we are debating the tenth consecutive increase in interest rates by the ECB. That is to say, we are discussing here the increase in the price of loans for necessary investments, the increase in the price of mortgages, and yes, very rightly, Commissioner, it is the poor who are much harder hit by this when we have monetary pol…