The PCP and the Left Bloc criticized the European Central Bank's decision to raise interest rates. The two parties consider that this measure penalizes Portuguese families, especially those with variable-rate mortgages.
The PCP defended that the Government should intervene to protect the most vulnerable families from the effects of the interest rate increase. The party suggested measures such as increasing the national minimum wage as a way to compensate for the negative effects of this decision.
In turn, the Left Bloc proposed that Caixa Geral de Depósitos, as a public bank, should reduce the spread on loans granted to customers. This measure would help mitigate the impact of the ECB's interest rate increase on Portuguese families.
Both parties agreed on the need for the Executive to take concrete measures to protect Portuguese families in the context of the interest rate hike decided by the European Central Bank.
