Households have experienced heavily varying credit conditions over the past few years. The Russian invasion of Ukraine created much market uncertainty and during the course of the year, energy prices surged and living costs sharply increased. The European Central Bank (ECB) and other central banks across the EU increased interest rates to counter inflation, raising them […]
Debt-advice is a very effective tool to remedy over-indebtedness. The European Commission has decided to promote a project aimed at facilitating the delivery of debt-advice for European citizens, in particular in the countries where debt-advice is not very developed. The actions put in place in this project are described in detail in the report and […]