I hope this Beatriz Corredor has a better plan than the Banks and Savings Banks Associations.
They called on the Government to use the Pensions Fund to help finance the real estate and construction crisis. 😯
Pedro Solbes dismissed this, saying a budgetary deficit would have to be assumed given the economic slowdown.
Solbes also said the real estate market “must correct itself” – that he is against doing anything to halt the “adjustment of the excesses” of the construction industry seen over recent years.
So, good luck Beatriz!