Advocate General’s Opinion in Joint Cases C-154/15 Francisco Gutiérrez Naranjo v Cajasur Banco S.A.U., C-307/15 Ana María Palacios Martínez v Banco Bilbao Vizcaya Argentaria SA and C-308/15 Banco Popular Español SA v Emilio Irles López and Teresa Torres Andreu

According to the Opinion of Advocate General Mengozzi from the 13 July 2016, the temporal limit on the effects of the invalidity of ‘floor’ clauses included in mortgage loan agreements in Spain is compatible with EU law. This limit is justified by the macroeconomic issues associated with the scale on which those clauses are used.

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