In relation to the ongoing public debate on improving the management of NPLs, ensuring the rights of borrowers and protecting the main residence and vulnerable groups in general, I report the following:
In the context of implementing a comprehensive and maximally effective package of actions and reforms for the management of non-performing loans, the Ministry of Finance is examining possible actions and preparing a package of measures aimed at addressing the issue.
In view of the need to protect vulnerable borrowers, both the Ministry of Finance and the European Commission's Directorate General for Competition, with which we are in constant consultation, are working intensively to implement the Rent for Rent Scheme as soon as possible.
In order to allow the necessary time to complete the public dialogue on the above, and until the implementation of the Rent for Rent Scheme, I appeal to banks and credit purchase companies not to proceed with the sale of first homes worth up to €350,000, for those borrowers who really belong to the vulnerable groups of the population.
(MX/SX)
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