On the topic banks while the need to support prime borrowers arose Kyriakos Mitsotakis during a meeting with the President of the Republic, Katerina Sakellaropoulou.

In fact, the Prime Minister stated that the banks “they have to take responsibilitythat is, they must support vulnerable households, as they have high returns, so that we can prevent the creation of a new generation of bad loans.”

Such a move would benefit the banks themselves, he said, in addition to the mandatory support they must offer to households screened with increase in mortgage payments.

In this context, Mr. Mitsotakis reiterated that he should lending rates will fall vice versa raise deposit rates.

He expressed the hope that the discussions would lead to a common agreement. “I am confident that we will come to a positive decision for borrowers and savers, as well as for the very banks that have relied heavily on it,” he said.