FinMin working on a fund to help troubled mortgage holders

Finance Minister Mateusz Szczurek said that his ministry is working on establishing a fund, with contributions from lenders, to give financial support to some mortgage borrowers who are struggling to service their debt, Reuters reported. "We envisage help that amounts to up to PLN 1,500 per month over two years. Such an interest-free loan would be repayable over a long term," Szczurek told reporters. "Money would come from banks." The fund will be aimed at helping mortgage holders who are in trouble and who meet criteria to qualify for the assistance. People with credits denominated both in zlotys and foreign currencies are included. Szczurek did not say how much money in total the fund will require.