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Government intervention in issues concerning banks | TheGreekDeal.com
Kyriakos Mitsotakis
Government intervention in issues concerning banks
Prime Minister Kyriakos Mitsotakis announced the government's intervention in issues concerning banks during his speech in the plenary session of the Parliament.
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Prime Minister Kyriakos Mitsotakis

Prime Minister Kyriakos Mitsotakis announced the government's intervention in issues concerning banks during his speech in the plenary session of the Parliament during the debate on the bill on the minimum wage, stressing that fireworks such as extraordinary taxation will not provide an answer to the problems faced by citizens.

"Indeed, there are issues regarding the functioning of the banking system, issues of substance that need to be addressed, high commissions, low interest rates on deposits, and mortgage loans that are not being given at the appropriate rate. The banks hold property that they have not yet sold, aiming to increase the supply of property on the labor market. On all these issues, we have asked the banks to react. Their reaction so far does not satisfy us," he underlined.

"So expect intervention from the government in this direction," he pointed out and asked opposition parties to be patient to see the government's proposals on the issue. "If a citizen, for example, currently has an issue with a mortgage loan, special taxation will not answer that issue," he explained.

"That is why you will have to be patient to hear the government's specific proposals on these issues, so that the banks can also understand that in one way or another they will eventually fulfil their debt to Greek society," the Greek prime minister was quick to add.

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