Local view for "http://purl.org/linkedpolitics/eu/plenary/2007-02-13-Speech-2-191"
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"en.20070213.17.2-191"2
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"Mr President, illegal, abusive banking practices, according to the media denouncing them on a daily basis, are now becoming widespread.
This is one aspect of the problem. However, there is another aspect: the European Central Bank increased interest rates twice in 2006. The banks in the Member States also increased their interest rates accordingly.
What do we conclude from this? That the gap between interest rates on savings and interest rates on borrowing is widening, at the expense of borrowers and the workers in general.
What measures does the Commission intend to take to reduce the gap between interest rates on savings and interest rates on borrowing?"@en1
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