The chairman of union VR claimed that the announcement of the Central Bank of the 14th consecutive interest rate increase is “a declaration of war on working people and indebted households.” He said that the Monetary Policy Committee’s explanations demonstrate that inflation is primarily profit-driven, citing, for example, expansion in tourism, a drop in the supply of housing, despite increased need, and imported inflation. He said the fact that people are falling behind on fixed rates on unsecured loans is a huge problem.
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For more information, please contact Paul de Beer or Oana Ciuca, De Burcht (Scientific Bureau for the Dutch Trade Union Movement) p.t.debeer@uva.nl or the Head of communications at the ETUI, Mehmet Koksal mkoksal@etui.org. For previous full issues of the Collective bargaining newsletter please visit https://www.etui.org/Newsletters/Collective-bargaining-newsletter or consult the archive with all articles in our database at www.cbnarchive.eu.
You may find further information on the ETUI at www.etui.org.