Press Release: Judgment in Joined Cases C-482/13 Unicaja Banco, SA v José Hidalgo Rueda and Others, C-484/13 Caixabank SA v Manuel María Rueda Ledesma and Others, C-485/13 Caixabank SA v José Labella Crespo and Others and C-487/13 Caixabank SA v Alberto Galán Luna and Others

Spanish legislation according to which the national court is required to recalculate default interest whose rate is more than three times greater than the statutory rate is
compatible with EU law.

However, it must be possible for the Spanish court to consider the clause imposing such interest to be unfair and accordingly to be able to exclude its application.