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CGT to March on Economy Ministry Over Widespread Household Debt

The union cites internal consumer reports estimating about 5.3 million people struggle with debts taken to cover essentials and says the findings create pressure for government measures.

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Overview

  • The CGT announced it will march to the Ministry of Economy on Thursday 20 August to demand answers on household overindebtedness.
  • Union leaders made the decision after reviewing reports from the Secretaría de Defensa del Consumidor prepared under Pablo Flores.
  • The CGT says the reports show roughly 5.3 million people have trouble paying debts many of which were taken on to cover essentials such as food.
  • The 20 August action is part of a wider protest plan that includes a possible demonstration during the Council of the Minimum Wage deliberations, a mobilization on Industry Day (2 September), participation in the Church’s Social Week, and activities tied to the Pope’s visit.
  • No government policy response has been reported so far and the CGT is using the march to push authorities to propose concrete relief or measures for overindebted households.