76 result(s) for debtor
Hungary’s Banking Association Accepts “Unfair” Kúria Ruling
- 17 Jun 2014 9:00 AM
- business
Hungary’s Banking Association on Monday called “unfair” a decision by the Kúria concerning forex loan agreements, but said that it accepted the ruling. Levente Kovács, the association’s general secretary, insisted that including an exchange rate spread in foreign currency-denominated loan agreements was justified, and served to finance the “considerable cost of covering hard currency positions”.
Bank Tax In Hungary To Stay At Least To 2016
- 28 May 2014 9:00 AM
- current affairs
There is no hope that the government will phase out its special bank tax before 2016, Bank Association president Levente Kovács told a Tuesday conference.
Hungarian Banks Face High Costs If Government Expands Rate-Cap Scheme, Says Bank Chief
- 20 May 2014 9:00 AM
- business
Expanding the government scheme to cap the exchange rate for forex mortgage repayments may well be a good solution for troubled debtors but would cost the banking sector dearly, Mihály Patai told the press. Patai, recently re-elected as chairman of Hungary’s Banking Association, said a decision by the Kúria, Hungary’s supreme court, on forex loans expected in the autumn would raise banks’ costs, ...
No Evictions Before Decision On FX Debtors Passed In Hungary
- 13 May 2014 9:00 AM
- property
Troubled forex mortgage holders will not be evicted from their homes before parliament passes its final decision to settle related issues, Gergely Gulyás, head of the assembly’s legislative committee, said on Monday.
Hungarian Gov’t Extends Mortgage Moratorium
- 24 Apr 2014 9:00 AM
- property
The government on Wednesday decided to extend the moratorium on evictions of foreign currency mortgage debtors until a definitive solution to the problem is found, government spokesman András Giró-Szász told state news agency MTI.
Domestic Consumption Growth At An Eight-Year Record High In Hungary
- 1 Apr 2014 9:00 AM
- shopping
Domestic consumption growth hit an eight-year record high in January, Minister of State for Economic Regulation Kristóf Szatmáry said at a press conference in District XVI of Budapest.
Xpat Opinion: Hungary's Parliament To Rewrite FX Loan Contracts
- 24 Mar 2014 8:00 AM
- property
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 is, however, unclear how loans denominated in foreign currencies could be converted into Forint credits without severe economic consequences.
One-Third Now In FX Relief Programme In Hungary
- 13 Mar 2014 8:00 AM
- property
A total of 1,524 new debtors joined the fixed-rate foreign-currency mortgage repayment scheme in January, raising the number of participants to 168,961 since its launch on April 1, 2012, the National Bank reports.
Weakening Hungarian Forint Negates Utility Cuts, Says Bajnai
- 20 Feb 2014 8:00 AM
- current affairs
The recent weakening of the Hungarian currency, caused by the government’s “amateurish” economic policy impacts everyone in the country and negates results of the utility cut programme, Gordon Bajnai, head of the E-PM electoral alliance, said on Wednesday.
Hungary’s Banking Association Accepts “Unfair” Kúria Ruling
- 17 Jun 2014 9:00 AM
- business
Hungary’s Banking Association on Monday called “unfair” a decision by the Kúria concerning forex loan agreements, but said that it accepted the ruling. Levente Kovács, the association’s general secretary, insisted that including an exchange rate spread in foreign currency-denominated loan agreements was justified, and served to finance the “considerable cost of covering hard currency positions”.
Bank Tax In Hungary To Stay At Least To 2016
- 28 May 2014 9:00 AM
- current affairs
There is no hope that the government will phase out its special bank tax before 2016, Bank Association president Levente Kovács told a Tuesday conference.
Hungarian Banks Face High Costs If Government Expands Rate-Cap Scheme, Says Bank Chief
- 20 May 2014 9:00 AM
- business
Expanding the government scheme to cap the exchange rate for forex mortgage repayments may well be a good solution for troubled debtors but would cost the banking sector dearly, Mihály Patai told the press. Patai, recently re-elected as chairman of Hungary’s Banking Association, said a decision by the Kúria, Hungary’s supreme court, on forex loans expected in the autumn would raise banks’ costs, ...
No Evictions Before Decision On FX Debtors Passed In Hungary
- 13 May 2014 9:00 AM
- property
Troubled forex mortgage holders will not be evicted from their homes before parliament passes its final decision to settle related issues, Gergely Gulyás, head of the assembly’s legislative committee, said on Monday.
Hungarian Gov’t Extends Mortgage Moratorium
- 24 Apr 2014 9:00 AM
- property
The government on Wednesday decided to extend the moratorium on evictions of foreign currency mortgage debtors until a definitive solution to the problem is found, government spokesman András Giró-Szász told state news agency MTI.
Domestic Consumption Growth At An Eight-Year Record High In Hungary
- 1 Apr 2014 9:00 AM
- shopping
Domestic consumption growth hit an eight-year record high in January, Minister of State for Economic Regulation Kristóf Szatmáry said at a press conference in District XVI of Budapest.
Xpat Opinion: Hungary's Parliament To Rewrite FX Loan Contracts
- 24 Mar 2014 8:00 AM
- property
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 is, however, unclear how loans denominated in foreign currencies could be converted into Forint credits without severe economic consequences.
One-Third Now In FX Relief Programme In Hungary
- 13 Mar 2014 8:00 AM
- property
A total of 1,524 new debtors joined the fixed-rate foreign-currency mortgage repayment scheme in January, raising the number of participants to 168,961 since its launch on April 1, 2012, the National Bank reports.
Weakening Hungarian Forint Negates Utility Cuts, Says Bajnai
- 20 Feb 2014 8:00 AM
- current affairs
The recent weakening of the Hungarian currency, caused by the government’s “amateurish” economic policy impacts everyone in the country and negates results of the utility cut programme, Gordon Bajnai, head of the E-PM electoral alliance, said on Wednesday.