Housing crisis in the European Union with the aim of proposing solutions for decent, sustainable and affordable housing

4.3.2026 A100025/7

Amendment 7

João Oliveira

on behalf of The Left Group

Report A100025/2026

Borja Giménez Larraz

Housing crisis in the European Union with the aim of proposing solutions for decent, sustainable and affordable housing

(2025/2070(INI))

Motion for a resolution

Recital F a (new)

Motion for a resolution

Amendment

Fa. whereas the housing crisis is the product of policies which open up the sector, favour real-estate funds and speculation, prioritise the tourism industry and the disposal of public real-estate assets to the detriment of housing, make renting more precarious and sideline the Member States from housing policy;

Or. pt

4.3.2026 A100025/8

Amendment 8

João Oliveira

on behalf of The Left Group

Report A100025/2026

Borja Giménez Larraz

Housing crisis in the European Union with the aim of proposing solutions for decent, sustainable and affordable housing

(2025/2070(INI))

Motion for a resolution

Recital U a (new)

Motion for a resolution

Amendment

Ua. whereas between July 2022 and September 2023 the ECB introduced 10 consecutive hikes in the benchmark interest rates; whereas, despite more recent cuts, rates have been brought down at a slower pace than they were raised and currently remain at 2 %;

Or. pt

4.3.2026 A100025/9

Amendment 9

João Oliveira

on behalf of The Left Group

Report A100025/2026

Borja Giménez Larraz

Housing crisis in the European Union with the aim of proposing solutions for decent, sustainable and affordable housing

(2025/2070(INI))

Motion for a resolution

Recital U b (new)

Motion for a resolution

Amendment

Ub. whereas the 10 consecutive hikes in the benchmark interest rates are having particularly damaging effects on the solvency of households, microenterprises and SMEs in countries which predominantly use variable interest rate models, particularly for mortgages;

Or. pt

4.3.2026 A100025/10

Amendment 10

João Oliveira

on behalf of The Left Group

Report A100025/2026

Borja Giménez Larraz

Housing crisis in the European Union with the aim of proposing solutions for decent, sustainable and affordable housing

(2025/2070(INI))

Motion for a resolution

Recital U c (new)

Motion for a resolution

Amendment

Uc. whereas operating income for the banking sector reached the record high of over EUR 803 billion at the end of 2024; whereas analyses, including those of the ECB, attribute this peak to the impact and absorption of the interest rate hikes, particularly on mortgages;

Or. pt

4.3.2026 A100025/11

Amendment 11

João Oliveira

on behalf of The Left Group

Report A100025/2026

Borja Giménez Larraz

Housing crisis in the European Union with the aim of proposing solutions for decent, sustainable and affordable housing

(2025/2070(INI))

Motion for a resolution

Recital V a (new)

Motion for a resolution

Amendment

Va. whereas on 31 August 2025 – one year before the end of the current implementation period – only around 55 % of the total RRF envelope had been disbursed; whereas this level of implementation suggests a race against time to unlock and implement a significant share of the resources, making it look very likely that not all available funds will be used;

Or. pt

4.3.2026 A100025/12

Amendment 12

João Oliveira

on behalf of The Left Group

Report A100025/2026

Borja Giménez Larraz

Housing crisis in the European Union with the aim of proposing solutions for decent, sustainable and affordable housing

(2025/2070(INI))

Motion for a resolution

Recital AA a (new)

Motion for a resolution

Amendment

AAa. whereas the EU’s economic governance instruments, specifically the European Semester and the country-specific recommendations, have been used to impose budgetary restrictions which constrain public investment, including in social functions performed by the state, particularly in public housing policy;

Or. pt

4.3.2026 A100025/13

Amendment 13

João Oliveira

on behalf of The Left Group

Report A102025/2026

Borja Giménez Larraz

Housing crisis in the European Union with the aim of proposing solutions for decent, sustainable and affordable housing

(2025/2070(INI))

Motion for a resolution

Paragraph 4 a (new)

Motion for a resolution

Amendment

4a. Calls on the Commission and the Council to establish the conditions so that the Member States have interest rates geared towards household living conditions, national economic growth and the needs of micro-, small and medium-sized enterprises, enabling policies of high interest rates to be reversed;

Or. pt