39 result(s) for foreign currency debtor
Conversion Will Be Almost Compulsory In Hungary
- 11 Nov 2014 8:00 AM
- property
The bill on converting foreign-currency loans into forint debt will make it difficult for any borrowers to keep their debt in anything other than forints, Economy Minister Mihály Varga told journalists on Monday.
Hungarian Lenders May Have To Take A Hit On FX Car Loans
- 22 Aug 2014 9:00 AM
- shopping
Consumers who borrowed in foreign currencies in order to purchase cars should be also be helped out, as the Kúria also declared their contracts to be unfair, PMO Minister János Lázár told tabloid Blikk in an interview.
Hostile Reaction By Hungary’s Ruling Party Fidesz To ECB
- 7 Aug 2014 9:00 AM
- current affairs
The opinion expressed by the European Central Bank (ECB) on Tuesday on Hungary’s new law on foreign currency loans is another way of exerting pressure on Hungary, ultimately coming from foreign-owned banks, Fidesz said in a statement issued Wednesday evening.
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 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.
Conversion Will Be Almost Compulsory In Hungary
- 11 Nov 2014 8:00 AM
- property
The bill on converting foreign-currency loans into forint debt will make it difficult for any borrowers to keep their debt in anything other than forints, Economy Minister Mihály Varga told journalists on Monday.
Hungarian Lenders May Have To Take A Hit On FX Car Loans
- 22 Aug 2014 9:00 AM
- shopping
Consumers who borrowed in foreign currencies in order to purchase cars should be also be helped out, as the Kúria also declared their contracts to be unfair, PMO Minister János Lázár told tabloid Blikk in an interview.
Hostile Reaction By Hungary’s Ruling Party Fidesz To ECB
- 7 Aug 2014 9:00 AM
- current affairs
The opinion expressed by the European Central Bank (ECB) on Tuesday on Hungary’s new law on foreign currency loans is another way of exerting pressure on Hungary, ultimately coming from foreign-owned banks, Fidesz said in a statement issued Wednesday evening.
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 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.