Chega wants to urgently hear the finance minister in parliament about ending the sale of the Series E savings certificates, the party leader said, accusing the government of “huge subjugation to the banking system.”
Speaking to reporters at Chega’s national headquarters in Lisbon, André Ventura believes that the ending of the Series E savings certificates and their replacement by the lower-interest Series F was not “mere coincidence.” “.
The decision, according to the Chega leader, came after Banco CTT President Joao Moreira Rato “said and called on the government to suspend the issuance of savings certificates” and at a time when “since January of this year, about 2 have left the banks. 5 billion euros, almost the same amount as received in savings certificates.”
“This is not just a concession to the bank, this is a huge subordination to the banking system,” he accused.
Ventura argued that the termination of Series E savings certificates, effective today, will “limit the income of many families” when there is a “violent rise” in inflation, the cost of living and home loans.
Chegi’s leader expected his party to approve the PKP’s request to hear the finance minister on the matter, but felt he could not “stop there”.
“Fernando Medina is the person most responsible for the Ministry of Finance, and it is he who should explain to the Portuguese why such a radical change has taken place, which is so important for the life and savings of the Portuguese,” he said.
Ventura announced as soon as Chega submits a request for an urgent parliamentary hearing of Fernando Medina as well as Treasury and Public Debt Management Agency (IGCP) President Miguel Martin for being “politically and technically more involved in an unbearable situation with the statute of limitations for savings certificates.”
Along with this request, the President of Chega said that his party also asked Fernando Medina today, through the Assembly of the Republic, the question of the conditions under which banks will be able to start selling savings certificates.
Among the questions asked, Ventura said the party wants to know “how much banks will make selling savings certificates” and “whether or not there will be a commission for intermediating these financial products.”
If there is, the Chegi leader said, it is not “only servility to the will of the bank”, but also “an unlawful service to the bank”, which would “cash on its own savings certificates and receive commissions on this matter.” “.
Adding that he doubts the legitimacy of the government’s decision, in particular because of its “regarding the arbitrary nature of the changes, suspensions, changes in remuneration, terms and guarantees,” Ventura also announced that Chega questioned Ombudsman of Justice Maria Lucia Amaral today. , on the issue.
“It is true that this is a ruling, and it is true that this is a legal decision from an organic and formal point of view, but (…) it is necessary to understand if we are not facing a simple concession to the bank. or offensive interference in the market without any political overtones,” he said.
Ventura also said that he supported the words of the President of the Republic, who asked for “a little effort” from the banks, believing that banks should do “more and better in this matter.”
Author: Portuguese
Source: CM Jornal

I’m Tifany Hawkins, a professional journalist with years of experience in news reporting. I currently work for a prominent news website and write articles for 24NewsReporters as an author. My primary focus is on economy-related stories, though I am also experienced in several other areas of journalism.