100 result(s) for borrowers
Plans To Phase Out Foreign Currency Loans In Hungary In Coming Years
- 4 Nov 2013 8:00 AM
- current affairs
The Ministry of National Economy is drafting a plan that would see the monthly payments of foreign currency mortgage holders drop by 15-20 percent from 2014 and the loans themselves phased out over the next 3-5 years. Minister of National Economy Mihály Varga told public television on Friday that the plan would parcel up the costs between the banks, the state and, to a lesser degree, the ...
Xpat Opinion: A Relief Scheme For FX Loan Holders Is A Political Trap For Fidesz In Hungary
- 11 Sep 2013 9:00 AM
- current affairs
The problem of the foreing currency mortgage holders has come into the focus of public interest and as a result, into the focus of politics as well. The government has been looking for the narrow path where they are able to intervene both politically and economically. Policy Agenda has examined the problem of how Fidesz can find a solution for the question if the party wants to make political ...
Hungary's PM: Banks Must Amend Foreign Currency Mortgage Contracts
- 9 Sep 2013 9:00 AM
- property
Prime Minister Viktor Orbán considers amending foreign exchange mortgage contracts a moral responsibility for banks. In public Kossuth radio’s morning show 180 minutes, he also highlighted that the recent economic data are signs of Hungary’s recovery.
Minister Varga: Hungary Emerging From Crisis
- 2 Sep 2013 9:00 AM
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Hungary is emerging from the crisis and the economy is growing, albeit slowly, Minister of National Economy Mihály Varga stated on Friday at an Expo in Komló. The Minister said that Hungary no longer belongs to countries endangered by bankruptcy, and noted that the European Union's excessive deficit procedure, under which Hungary had been for nine years, became a thing of the past.
Mortgage Debtors Protest In Budapest At Astoria
- 21 Aug 2013 9:00 AM
- current affairs
Hundreds of people sat down at the Astoria intersection in Budapest on Tuesday afternoon to promote their demands for a solution to the problems of foreign-currency mortgage debtors. The crowd dispersed peacefully shortly before 8 p.m.
Hungary's PM Addressed Annual Ambassadors’ Meeting
- 17 Jul 2013 9:00 AM
- current affairs
Hungary has a vested interest in seeing the success of the Eurozone, as we are linked to the bloc in many ways, Prime Minister Viktor Orbán said, addressing the annual meeting of ambassadors in Budapest on Tuesday.
Hungary To Repay IMF Loan By 2014 At The Latest
- 17 Jun 2013 9:00 AM
- current affairs
Hungary is determined to repay the IMF loan taken out in 2008 until 2014 at the latest; Minister for National Economy Mihály Varga said in Budapest at a presentation held within the framework of the Fidesz programme entitled Hungary is Doing Better.
Mortgage Aid Deadline Cancelled In Hungary
- 28 May 2013 9:00 AM
- property
The May 31 deadline for joining the government’s fixed-rate mortgage scheme was lifted by Parliament on Monday. In the relevant committee, the representative of the government disagreed with the idea of leaving the scheme open indefinitely and suggested a new deadline of July 1, 2017.
Low Rents For Failed Mortgage Debtors In Hungary
- 22 Mar 2012 8:00 AM
- property
"The cabinet yesterday decided that very low rents will be charged to troubled mortgage borrowers who sell their homes to the National Asset Manger (NET). The NET was created last year to buy an estimated 25,000 homes by 2014 at 35-55% of market value from financially strapped mortgage debtors, who will become tenants.
Plans To Phase Out Foreign Currency Loans In Hungary In Coming Years
- 4 Nov 2013 8:00 AM
- current affairs
The Ministry of National Economy is drafting a plan that would see the monthly payments of foreign currency mortgage holders drop by 15-20 percent from 2014 and the loans themselves phased out over the next 3-5 years. Minister of National Economy Mihály Varga told public television on Friday that the plan would parcel up the costs between the banks, the state and, to a lesser degree, the ...
Xpat Opinion: A Relief Scheme For FX Loan Holders Is A Political Trap For Fidesz In Hungary
- 11 Sep 2013 9:00 AM
- current affairs
The problem of the foreing currency mortgage holders has come into the focus of public interest and as a result, into the focus of politics as well. The government has been looking for the narrow path where they are able to intervene both politically and economically. Policy Agenda has examined the problem of how Fidesz can find a solution for the question if the party wants to make political ...
Hungary's PM: Banks Must Amend Foreign Currency Mortgage Contracts
- 9 Sep 2013 9:00 AM
- property
Prime Minister Viktor Orbán considers amending foreign exchange mortgage contracts a moral responsibility for banks. In public Kossuth radio’s morning show 180 minutes, he also highlighted that the recent economic data are signs of Hungary’s recovery.
Minister Varga: Hungary Emerging From Crisis
- 2 Sep 2013 9:00 AM
- ???category.news.bsa???
Hungary is emerging from the crisis and the economy is growing, albeit slowly, Minister of National Economy Mihály Varga stated on Friday at an Expo in Komló. The Minister said that Hungary no longer belongs to countries endangered by bankruptcy, and noted that the European Union's excessive deficit procedure, under which Hungary had been for nine years, became a thing of the past.
Mortgage Debtors Protest In Budapest At Astoria
- 21 Aug 2013 9:00 AM
- current affairs
Hundreds of people sat down at the Astoria intersection in Budapest on Tuesday afternoon to promote their demands for a solution to the problems of foreign-currency mortgage debtors. The crowd dispersed peacefully shortly before 8 p.m.
Hungary's PM Addressed Annual Ambassadors’ Meeting
- 17 Jul 2013 9:00 AM
- current affairs
Hungary has a vested interest in seeing the success of the Eurozone, as we are linked to the bloc in many ways, Prime Minister Viktor Orbán said, addressing the annual meeting of ambassadors in Budapest on Tuesday.
Hungary To Repay IMF Loan By 2014 At The Latest
- 17 Jun 2013 9:00 AM
- current affairs
Hungary is determined to repay the IMF loan taken out in 2008 until 2014 at the latest; Minister for National Economy Mihály Varga said in Budapest at a presentation held within the framework of the Fidesz programme entitled Hungary is Doing Better.
Mortgage Aid Deadline Cancelled In Hungary
- 28 May 2013 9:00 AM
- property
The May 31 deadline for joining the government’s fixed-rate mortgage scheme was lifted by Parliament on Monday. In the relevant committee, the representative of the government disagreed with the idea of leaving the scheme open indefinitely and suggested a new deadline of July 1, 2017.
Low Rents For Failed Mortgage Debtors In Hungary
- 22 Mar 2012 8:00 AM
- property
"The cabinet yesterday decided that very low rents will be charged to troubled mortgage borrowers who sell their homes to the National Asset Manger (NET). The NET was created last year to buy an estimated 25,000 homes by 2014 at 35-55% of market value from financially strapped mortgage debtors, who will become tenants.