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Schillerová to propose moratorium on loan payments

(ČIA) Minister of Finance Alena Schillerová (for ANO) will propose a six-month moratorium on the repayment of mortgages, consumer credits and business loans. She added on TV Prima’s debate Partie that credit interest should also be reduced during this interruption. ČNB Governor Jiří Rusnok sees this measure as an economic necessity now. Chairman of the Czech-Moravian Confederation of Trade Unions Josef Středula said on Czech Television’s debate Otázky Václava Moravce that he would extend the moratorium on loan repayments to one year.

 

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