Download This PaperLa moratoria de deuda crediticia por COVID-19, una medida de mínimos (The Credit Debt Moratorium by COVID-19 As a Minimum Measure)
8 Pages Posted: 9 Apr 2020
Date Written: April 5, 2020
Abstract
Spanish Abstract: Entre las medidas adoptadas por el gobierno español para hacer frente a la crisis económica ocasionada por el parón derivado del estado de alarma de COVID-19 destaca la moratoria de deuda crediticia. Con esta medida se trata de dar un salto en el tiempo para superar el parón y reiniciar la vida económica. No es un rescate social como en la crisis financiera de 2008, es una medida de reenganche en la actividad. Se trata de dar una pausa a los deudores más perjudicados para superar el impasse. En este artículo se analiza la medida, su alcance y limitaciones realizando algunas consideraciones críticas, Estamos ante una regulación de urgencia realizada de forma precipitada que ha sido necesario modificar a los pocos días para llenar lagunas y completar su alcance. Es una norma de mínimos, que la banca debe aprovechar para superar esta situación de parón temporal de la vida económica y que afecta en particular a la deuda crediticia.
English Abstract: Among the measures adopted by the Spanish government to face the economic crisis caused by the state of alarm of COVID-19, the moratorium on credit debt stands out. With this measure, it is about taking a leap in time to overcome the break and restart economic life. It is not a social rescue as in the financial crisis of 2008, it is a measure of re-engagement in activity. It is about giving a break to the most affected debtors to overcome the impasse. This article analyses the measure, its scope and limitations, making some critical considerations. We are facing an urgent regulation carried out in a hasty manner that has had to be modified within a few days to fill gaps and complete its scope. It is a minimum measure, which banks must take advantage of to overcome this temporary standstill in economic life and which particularly affects credit debt.
Note: Downloadable document is in Spanish.
Keywords: Moratoria, Deuda Hipotecaria, Crédito al consumo, COVID-19
JEL Classification: G15, G18, G21, G28, G32, G28, K22, M13
Suggested Citation: Suggested Citation