Statements by the governor of the Bank of Portugal indicate some “pressures” to soften macroprudential recommendations on credit. The Ministry of Finance may change the rules.

Statements by the governor of the Bank of Portugal indicate some “pressures” to soften macroprudential recommendations on credit. The Ministry of Finance may change the rules.
The State guarantee for young people’s mortgages is a targeted government scheme—a €1.2 billion guarantee line launched about a year ago—designed to help younger buyers obtain mortgage credit by lowering bank risk. By the end of November banks had drawn €626 million, so young residents and first‑time buyers may find it easier to secure loans, though banks still set final eligibility and terms.