BE coordinator Mariana Mortagua said this Thursday that “people lose and banks profit” from the measures presented by the executive branch in the housing sector, arguing that these proposals “create new debts”, “postpone problems” and “hand over money to the state” . .
“People lose, banks profit: this is a summary of the proposals now presented by the Minister of Finance, which structurally do not solve any problem, on the contrary, they create new debts, postpone problems, allocate public money, protecting the profits of banks that, apparently, are in fact the main goal of the government with the measures it is now proposing,” defended Mariana Mortagua, speaking to journalists at the Assembly of the Republic.
According to the bloc leader, “people are losing the benefit of subsidizing interest rates because virtually all taxpayers are being asked to pay and subsidize bank profits.”
“The proposal to defer installments also creates a problem: over two years, the installment may be slightly smaller, but in fact, debtors to the bank will pay off all this debt later, in four years,” he emphasized.
Mariana Mortagua stated that in four years, “the interest rate could be the same, even higher, than today, and in addition to the normal contribution, the bank’s debtors will have to pay their contribution plus all the debt that has accumulated in the meantime.”
“This proposal is not a solution, it is a new debt for families,” he criticized.
According to the BE coordinator, these are measures “which aim to ensure and communicate to banks that they will continue to make a profit either from new debts entered into by those with a mortgage or from taxes that are used to pay part of the payments to the bank.”
Mariana Mortagua believed that “it is ungrateful and unfair that the government tells people who have a rope around their necks and who do not know how they are going to pay the installment tomorrow, that the only thing they can do is to give two years of installments a little lower , but endures all the instability and all the uncertainty about the future four years later.”
“And in four years, if the rates are equal or higher – perhaps after the elections – people will have to pay fees and everything that has accumulated over these years,” he added.
According to the bloc leader, a “structural solution” to the problem would be to “tell the banks that they will have to comply with the effort rate, and that this effort rate should be reflected in the reduction in contribution and that the banks must pay this reduction along with their own profits that they have accumulated over the past year and a half, that’s five billion in 18 months.”
This Thursday, the Council of Ministers approved housing lending measures to help families mitigate the impact of rising interest rates, including a measure that ensures that the interest rate does not exceed 70% of the index (Euribor) and another that extends interest rate support. subsidies for housing loans from 720 to 800 euros.
The government is also maintaining the suspension of fees for early repayment of housing loans until the end of 2024.
ARL (LT/IM) // JPS
Lusa/The End
Author: Lusa
Source: CM Jornal
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