COVID-19: The deadline for applying for moratoria has expired
The deadline for applying for moratorium measures on mortgage and non-mortgage loan repayments expired on 29 September. These measures, aimed at mitigating some of the economic fallout of COVID-19, were approved by the government in mid-March. Likewise, the deadline for applying for the moratoria that many banks have offered voluntarily under certain sectoral agreements has also expired.
These measures were adopted with the aim of alleviating the debt burden of citizens in situations of economic vulnerability caused or aggravated by the COVID-19 crisis.
Here is some information you may find interesting, referred to 30 September 2020, from a report issued by banks on the application of moratoria.
Over the past few months, several PCB publications have dealt with moratoria and other measures adopted to mitigate the effects of the COVID-19 crisis. If you are interested in reading them, you can find them here: Covid-19 Banco de España