The Left Block presented a package of measures for the housing sector that includes a brake on CGD - Caixa Geral de Depósitos - and the doubling of the so-called "Mortágua tax".
The BE leader explained that the proposal consists of forcing other banks to charge fairer interest rates, through the action of the public bank CGD.
According to the proposed strategy, CGD should charge slightly less, thus creating competitive pressure on the remaining commercial banks.
The objective would be for private banks to face a choice: lower interest rates or lose customers to the public bank, thus encouraging competition more favorable to consumers.



