Eurofound's COVID-19 EU PolicyWatch collates information on the responses of government and social partners to the crisis, as well as gathering examples of company practices aimed at mitigating the social and economic impacts.
Factsheet for case ES-2020-12/505 – measures in Spain
Country | Spain , applies nationwide |
Time period | Temporary, 18 March 2020 – 30 September 2020 |
Type | Legislations or other statutory regulations |
Category |
Measures to prevent social hardship
– Keeping a safe home |
Author | Oscar Molina (UAB) and Eurofound |
Case created | 12 April 2020 (updated 25 November 2020) |
The Council of Ministers approved in the Royal Decree 8/2020 a moratorium on the payment of mortgages for the first home of vulnerable families who have seen their income falling or are unemployed as a result of the coronavirus. The measure will be in force the same period as the Royal Decree (that is, one month), but at the same time they have left the door open to extend it if necessary. The financial sector was told in the morning that the moratorium could be extended to one additional month if necessary.
Vulnerability in relation to this moratorium is understood in the following terms:
There is no estimate on the number of persons / families who might benefit from this measure.
Workers | Businesses | Citizens |
---|---|---|
Self-employed
Unemployed Other groups of workers |
Does not apply to businesses | Does not apply to citizens |
Actors | Funding |
---|---|
National government
Company / Companies |
No special funding required
|
Social partners' role in designing the measure and form of involvement:
Trade unions | Employers' organisations | |
---|---|---|
Role | No involvement as case not in social partner domain | No involvement as case not in social partner domain |
Form | Not applicable | Not applicable |
Social partners' role in the implementation, monitoring and assessment phase:
This policy measure does not belong to the labour relations domain.
Both trade unions and employer organisations were supportive of this measure.
Citation
Eurofound (2020), Mortgage debt moratorium, case ES-2020-12/505 (measures in Spain), COVID-19 EU PolicyWatch, Dublin, http://eurofound.link/covid19eupolicywatch
Disclaimer: This information has not been subject to the full Eurofound evaluation, editorial and publication process. All information is preliminary and subject to change.