“State Secretary Threatens Banks to Increase Savings Interest Rates: What Measures and Government Assistance is Expected?”

After Minister Van Peteghem (CD&V), State Secretary for Budget and Consumer Affairs Alexia Bertrand (Open Vld) is also increasing the pressure on the banks to raise savings interest. “I understand the questions that savers have, I ask myself the same questions.” What measures is she threatening? How much time does she give the banks? And what can the government itself do to boost competition?