The Bank of Portugal calls on banks to take care of housing loans, warning that many families may not be able to repay future debt, and even consider measures to restrict access to credit to heavily indebted borrowers.

"Price developments in the real estate market may pose risks to financial stability insofar as they lead to the relaxation of the criteria for granting housing loans in a context of high household indebtedness," warns the Bank of Portugal in its Financial Stability Report, today announced.

Read more (in portuguese): Banco de Portugal asks caution to the bank and admits restrictive measures

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