Pablo Iglesias, secretary-general of Podemos
Spain’s Supreme Court ruling on Tuesday that customers, not banks, should continue to pay taxes for taking out a mortgage is only a short-term respite in the general assault on Spanish banks and their image.
Protesters outside the court called for the banks to pay, with Pablo Iglesias – leader of the powerful left-wing party Podemos – criticizing the decision, saying on Twitter: “The banks have won and citizens have lost.”
A previous ruling by the court determining that the banks should cover the tax – paid by the borrower on mortgage loans and ranges from 0.5%
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access