EU: Don’t increase bonuses for bankers!

Why is this important?

Food prices are going up. Bills are going up. Our wages stay the same. All while billionaires and multi-millionaires get wealthier.

And what is the EU doing? Making it easier for bankers to get bigger bonuses. 

The Trump administration is making a “bonfire” of banking rules in the US, and now there are signs Europe wants to copy them. [1] In a major review of banking rules, the EU is considering removing a bonus limit for bankers. 

The limit is there to stop dangerous risk-taking in the financial sector. [2] To stop bankers profiting recklessly, then letting us pick up the pieces when it all goes wrong.

It was put in place after the 2008 financial crisis, when profit-hungry banks had to be bailed out by the state - with people like you and me paying the price. 

For now, the new rules are a threat, but just a draft. This means there’s still time for us to push back, and force the EU to prioritise people over helping the rich get even richer. [3]

Sign the petition to tell the EU: Don’t push us into another financial crisis, don’t remove caps on bankers’ bonuses!

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