• Home
• Channel: Current Affairs
• Hungarian Opposition Calls On Courts To Suspend Forex Loan-Related Procedures

Hungarian Opposition Calls On Courts To Suspend Forex Loan-Related Procedures

• 2 Jul 2019 9:46 AM
• Hungary Matters

Civil groups and the opposition Socialist, Párbeszéd and Democratic Coalition (DK) parties have called on the courts to suspend all ongoing non-payment procedures, auctions and home evictions relating to foreign currency loans.

At a press conference in Budapest, Mrs. István Hosszú, representing the Debtors’ Chamber and a consultation body for troubled forex loan holders, called on the Kúria, Hungary’s supreme court, to advise the government to permanently settle the issue of foreign currency-denominated loans.

DK deputy leader László Varju accused the government of “deliberately blocking” the resolution of the situation of forex debtors and refusing to implement the European Commission’s decisions in the matter.

Varju called on the government to release its 2015 agreement with the European Bank of Reconstruction and Development (EBRD) on the financing of forex loans.

László Szakács of the Socialists said the government was “denying the forex loan problem while 60-80 families are evicted from their homes each week”. He called for holding banks accountable, the suspension of non-payment procedures and the cancellation of the government’s pact with the EBRD.

Párbeszéd co-leader Tímea Szabó criticised the lawmakers of the ruling Fidesz-Christian Democrat alliance for boycotting an earlier special session of parliament convened to debate the situation of forex debtors.

She accused the prime minister and the government of indifference over the situations of people in need.

MTI Photo: Kovács Attila

• How does this content make you feel?
• I love it
• I like it
• I dislike it

• Forex Loan Court Procedures

XpatLoop Media Partner

Hungary Matters

Launched in January 2014, this newsletter published on week days covers 'everything you need to know about what’s going on in Hungary and beyond', according to its publisher the state media agency MTI.

Explore More Reports

Updated: 'If Brussels Wants Migrants, They Can Get Them' – Says Hungarian Govt Official

• 8 Sep 2024 6:21 AM

Should the European Union force Hungary to accept illegal migrants, Hungary will offer to transport them to Brussels once the procedure is completed, a state secretary of the interior ministry told a press conference.



Atlatszo Investigation: Sovereignty Protection Office in Hungary Requested Information on Private Bank Accounts

• 21 Aug 2024 10:41 AM

According to documents obtained by Atlatszo by order of a Hungarian court, requests made by the Sovereignty Protection Office to several institutions appear to exceed the legal mandate of the organization.



Official: Brussels 'Punishing' Hungary for Protecting Border

• 12 Aug 2024 6:26 PM

Brussels is “punishing” Hungary because it is protecting its border, Barna Pál Zsigmond, a state secretary of the European Union affairs ministry, said on Facebook.



Top Court Ruling: Karácsony Remains Budapest Mayor - What's Vitézy Reaction?

• 27 Jun 2024 8:50 AM

Hungary’s supreme court has upheld the decision of the National Election Office, “meaning that I will remain Budapest’s mayor for the next five years”, Budapest Mayor Gergely Karácsony said.