Historical background of the Eurosystem Household Finance and Consumption Network Developing, implementing and analysing a survey on the finances and consumption of households for the entire euro area does not happen overnight. The history of this network dates back to December 2006. A task force was then established to investigate the feasibility of a survey on household finance and consumption in the euro area.
On the basis of the task force’s report, the Governing Council decided to establish a network of Eurosystem experts to prepare a proposal for such a survey. For one and a half years the network worked diligently at developing such a proposal.