Forint conversion of forex debts planned
A pro-government analyst welcomes the announcement that mortgage based foreign currency loans will be converted into forints and the modalities of the project will be negotiated with the Hungarian...
View ArticleNational Bank to be involved in FX mortgage conversion?
A conservative pundit warns against a selective conversion of loans denominated in foreign currencies. He proposes that the National Bank should step in and offer part of its foreign currency reserves...
View ArticleEuro over 300 HUF
Commentators across the political spectrum ponder the possible impact of the IMF loan repayment and the conversion of foreign currency-based mortgages into Forint credit. On Thursday 1 August, Economy...
View ArticleA right-wing take on FX mortgages
A conservative economist contends that forex mortgages endanger European financial stability and calls for EU action to ease the burden on debtors. Earlier in November, Fidesz floor leader Antal Rogán...
View ArticleParliament to rewrite FX loan contracts
In their commentaries on the Constitutional Court’s verdict on forex loans, analysts from across the political spectrum agree that it is the government’s responsibility to help indebted families. It...
View ArticleGovernment submits bill on FX loans
A right-wing columnist welcomes the government bill submitted to Parliament on Friday, which would force banks to return a total of 1000 billion Forints to mortgage holders, on the grounds that the...
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