The Left secured a debate in #eplenary with Council & Commission about the impacts of the @ecb policy on households & workers.
‼️Stop destroying living standards
‼️Make banks' profits cover the costs & impacts of increasing interest rates.
#inflation #CostOfLivingCrisis
🐦🔗: https://n.respublicae.eu/Left_EU/status/1656617524690124800
2/5
This decision is political, not technical.
Ignoring root causes of inflation, economic & social realities, and country-specific impacts is unacceptable.
Let's prioritize informed decisions for economic justice.
🐦🔗: https://n.respublicae.eu/Left_EU/status/1656617528708276224
3/5
More and more families are struggling to afford their housing loans, which have skyrocketed.
Small and medium-sized enterprises and even governments are also experiencing the consequences.
#greedflation #costoflivingpayment
🐦🔗: https://n.respublicae.eu/Left_EU/status/1656617531338117120
5/5
Urgent action needed: Banks must bear costs of rising interest rates, not families.
Profits shouldn't come at the expense of struggling households.
Let's prioritize fair compensation and protect those affected.
🐦🔗: https://n.respublicae.eu/Left_EU/status/1656617536862015488
4/5
Urgently halt rising interest rates, tackle inflation's root causes, protect wages and purchasing power.
Commission's responsibility for low-wage policies mustn't be overlooked.
Time for economic justice!
@JPimentaLopes
🐦🔗: https://n.respublicae.eu/Left_EU/status/1656617534257258496