Available languages bg es cs da de et el en fr hr it lv lt hu mt nl pl pt ro sk sl fi sv

Press release n§ 23/20

Luxembourg, 3 March 2020

Marc Gómez del Moral Guasch v Bankia SA

TThe Spanish court must verify that the contractual term in mortgage loan agreements providing for the application of a variable interest rate based on the index of the Spanish savings banks is plain and intelligible If they find that that term is unfair, they may, in order to protect the consumer from particularly unfavourable consequences liable to arise from the annulment of the loan agreement, replace that index with a supplementary index provided for by Spanish law