Calviño demands that the Bank of Spain limit the salaries of bankers after the EREs of CaixaBank and BBVA

The economic vice president maintains the critical line after the announcement of the layoffs.

The economic vice president of the Government, Nadia Calviño.

TheSpanish government has urged the Bank of Spain They will look for formulas to limit the salaries of the directors of financial entities in view of the personnel restructuring that the entities are carrying out. This has been indicated by the economic vice president, Nadia Calvin, in a conference with international journalists, according to Reuters.

As Calviño has indicated, the entity and the Executive will work together to find ways to control wages of the main bankers.

“I believe that salaries and bonuses of bank executives must be in line with evolution of the industry and the economy as a whole ”, said the vice president.

The minister Jose Luis Escrivá, has also been critical this Tuesday, along the same lines as the rest of the Government, towards more than 12,000 layoffs announced by the Spanish entity and CaixaBank.

“The leaders of financial institutions should be aware of the extent to which the sector has been protected to avoid greater evils, and in this situation that reflection seems particularly relevant to me. It should inspire any business decision, “he said.

Consulted by Invertia, Escrivá has assured that adheres to the demonstrations of Vice President Nadia Calviño and the criticisms it has expressed regarding the behavior of these entities.