In order to fight inflation in the EU, the ECB has raised the key interest rate several times. But it is precisely these interest rate hikes that could have a negative impact on workers and small and medium-sized enterprises. In this episode we talk to experts from NGOs, trade unions and politicians about the rate hikes, the ECB's role, the impact of the rate hike and a possible downward spiral in wages.
~~~~~~~~~~ FURTHER INFORMATION ~~~~~~~~~~
https://ec.europa.eu/commission/presscorner/detail/en/ip_22_4511
https://rasmus-andresen.eu/news/mm14/
https://www.positivemoney.eu/2023/02/historic-solution-ecb-secondary-objectives/
https://scholarworks.umass.edu/econ_workingpaper/340/
If you like this episode please share it. When you don’t want to miss the next episode subscribe. We would also appreciate if you give us a rating and/or review.
~~~~~~~~~~ ABOUT THE PODCAST ~~~~~~~~~~
We Work Europe is a podcast by EZA (European Centre For Workers’ Questions)
Script and production by Escucha – Audio Identity
Editorial team: Lukas Fleischmann, Sergio De la Parra, Sigrid Schraml, Ralph Würschinger
Narration by Rebbecca Sharp
Cover Art by Sofia Wunderling
Intro music by Simon Muthers
~~~~~~~~~~~ ABOUT EZA ~~~~~~~~~~~
Official Website of EZA: https://www.eza.org/en/
EZA magazine: https://www.eza.org/en/eza-magazine
E-Mail: eza [at] eza.org
