ELECTION PROGRAM OF THE PSOE | Sánchez will extend the mortgage relief measures to incomes of 37,800 euros

First measures of the electoral program of the PSOE, despite the fact that it will not be presented publicly until this Friday. The president of the Government, Pedro Sanchezand the economic vice president, Nadia Calvinohave taken advantage of a party act to announce that they are going to expand mortgage relief measures, which is already underway, with income of 37.8000 euros. Until now they only reached families with an average income of 25,000.

It will be one of the first decisions that Sánchez adopts, in the event that after the 2023 general elections he continues in Moncloa. Calviño, who would repeat as head of the economic area, has explained that they will extend the code of new practices so that it reaches more people, in a context of successive rises in interest rates. He will allow, he has pointed out, that more citizens can extend your mortgage payment by seven years or that you can freeze the installments for 12 months. The vice president has put figures to this commitment: “In a mortgage of 150,000 euros signed in 2018 it will mean a saving of 300 euros per month.”

“Full Employment”

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In addition, Sánchez and Calviño have put on the table for the first time the promise of “full employment” in the next four years. “The objective of the next legislature is to lower the structural unemployment rate to 8% and reduce youth unemployment and long-term unemployment in half”, indicated the vice-president. “We have to promote an agreement with the social agents to achieve this, with a set of measures that we already have worked on a lot.”

To do so, he explained, it is necessary to continue promoting all the reforms and investments of the Recovery Plan because that is what promotes the change in the productive fabric and to work with employers and unions to improve the training, qualification and requalification of workers and the supply and demand system, with methods such as artificial intelligence”.



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