The Government gives banks a week to agree on measures on mortgages that relieve families

The Government of Pedro Sánchez is working to get the banking sector to give in to measures that relieve families with their mortgages due to the rise in interest rates. And they trust that the agreement will arrive soon. In fact, this very week. This was explained this Tuesday by the First Vice President and Minister of Economy, Nadia Calvinoin the usual press conference held after the Council of Ministers in Moncloa.

“We are working on two lines,” Calviño highlighted. On the one hand, the intention is “to expand the code of good practices to alleviate the situation of vulnerable groups.” And on the other hand, establish another additional protocol to relieve the middle classes due to the rise in interest rates on mortgages. “We have given ourselves this week”, has considered the vice president.

Calviño has defended the intention and objective of the Government. Especially because of the great benefits that these business groups have obtained. “There is room to pitch in and relieve families,” The first vice president has highlighted.

Moncloa sources emphasize that they trust that a reasonable agreement will be reached. But that in the event that it is not possible, they will take in any case some kind of measure to achieve the objectives set by the Executive so that the mortgage impact can be as little as possible starting next year.

The Second Vice President and Minister of Labor, Yolanda Diaz, criticized a few days ago that the measures taken by financial institutions are not enough. For Díaz, the increase in rates is “causing the greatest transfer of income from citizens to financial institutions.” For this reason, he has blurted out that “there are moral reasons” to help mortgaged families.

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