56 result(s) for mortgage scheme
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 ...
Xpat Opinion: A Solution In Sight For The Forex Mortgage Crisis In Hungary
- 29 Aug 2013 9:00 AM
- property
Magyar Nemzet welcomes an initiative by the new management of the National Bank to alleviate the burden on families indebted in foreign currencies, which could help them cope better with their debts.
Report Of Mortgage Rescue Plan Revives Old Fears In Hungary
- 18 Jul 2013 9:00 AM
- property
OTP shares got hammered on Wednesday, falling 3.6%, on news that the government intends to provide further relief to foreign-currency mortgage debtors. Deputy prime minister Tibor Navracsics said in a Tuesday night interview that the government was examining the legal possibilities for amending such mortgage contracts.
Hungary's PM: European Left Is Behind Approval Of Tavares Report
- 8 Jul 2013 11:00 AM
- current affairs
Prime Minister Viktor Orbán regards the approval of the report about the state of fundamental rights in Hungary submitted by rapporteur Rui Tavares as an operation of the European left, based partly on the idea that the Hungarian Fundamental Law is not a liberal constitution. He also noted on public Kossuth radio’s 180 minutes that the wage increase for teachers is a certainty.
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.
Hungarian Debtors Shy From Fixed-Rate Repayment
- 30 Nov 2012 8:00 AM
- property
The number of foreign-currency mortgage debtors joining the fixed-rate repayment scheme was 15,552 in October, the financial supervisory Pszáf has announced. The scheme allows debtors to temporarily fix loan repayments at a rate of Ft 180 to the Swiss franc, or Ft 250 to the euro, while the difference between the actual and fixed exchange rates would accumulate in an accrual account to be repaid ...
August Home Sales Down In Hungary
- 4 Sep 2012 9:00 AM
- property
A total of 7,379 homes were sold in August, property agency Duna House estimates. This is down 8% from the 8,008 sales one year earlier, when the strong Swiss franc forced many to sell off their mortgaged homes. In the first eight months nearly 68,000 homes were sold, up 20% from one year earlier. Nevertheless, the first months of 2011 were especially weak and in 2012 especially strong due to the ...
Property Fair In Hungary Faces Up To Hard Times
- 8 Mar 2012 12:00 AM
- property
"Property market participants called for more government action to stimulate the stalled residential market, before the opening of the annual Property Fair at the Hungexpo exhibition centre. The government needs to raise interest subsidies on home loans to 4-5% from 3% and introduce a new non-refundable scheme for renovations or for the purchase of existing homes, said Gergely Karoly, chairman ...
‘State Of The Nation’ Speech By Hungary's Prime Minister Viktor Orbán
- 9 Feb 2012 8:03 AM
- current affairs
"On 7 February 2012 Viktor Orbán gave his traditional ‘state of the nation’ speech, focusing on the past year. This was the fourteenth such occasion. At the beginning of his speech Mr. Orbán thanked all those who have stood by the country in spite of the criticism directed at it and its government. This was a reference to the four hundred thousand people who took part in the ‘Peace March for ...
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 ...
Xpat Opinion: A Solution In Sight For The Forex Mortgage Crisis In Hungary
- 29 Aug 2013 9:00 AM
- property
Magyar Nemzet welcomes an initiative by the new management of the National Bank to alleviate the burden on families indebted in foreign currencies, which could help them cope better with their debts.
Report Of Mortgage Rescue Plan Revives Old Fears In Hungary
- 18 Jul 2013 9:00 AM
- property
OTP shares got hammered on Wednesday, falling 3.6%, on news that the government intends to provide further relief to foreign-currency mortgage debtors. Deputy prime minister Tibor Navracsics said in a Tuesday night interview that the government was examining the legal possibilities for amending such mortgage contracts.
Hungary's PM: European Left Is Behind Approval Of Tavares Report
- 8 Jul 2013 11:00 AM
- current affairs
Prime Minister Viktor Orbán regards the approval of the report about the state of fundamental rights in Hungary submitted by rapporteur Rui Tavares as an operation of the European left, based partly on the idea that the Hungarian Fundamental Law is not a liberal constitution. He also noted on public Kossuth radio’s 180 minutes that the wage increase for teachers is a certainty.
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.
Hungarian Debtors Shy From Fixed-Rate Repayment
- 30 Nov 2012 8:00 AM
- property
The number of foreign-currency mortgage debtors joining the fixed-rate repayment scheme was 15,552 in October, the financial supervisory Pszáf has announced. The scheme allows debtors to temporarily fix loan repayments at a rate of Ft 180 to the Swiss franc, or Ft 250 to the euro, while the difference between the actual and fixed exchange rates would accumulate in an accrual account to be repaid ...
August Home Sales Down In Hungary
- 4 Sep 2012 9:00 AM
- property
A total of 7,379 homes were sold in August, property agency Duna House estimates. This is down 8% from the 8,008 sales one year earlier, when the strong Swiss franc forced many to sell off their mortgaged homes. In the first eight months nearly 68,000 homes were sold, up 20% from one year earlier. Nevertheless, the first months of 2011 were especially weak and in 2012 especially strong due to the ...
Property Fair In Hungary Faces Up To Hard Times
- 8 Mar 2012 12:00 AM
- property
"Property market participants called for more government action to stimulate the stalled residential market, before the opening of the annual Property Fair at the Hungexpo exhibition centre. The government needs to raise interest subsidies on home loans to 4-5% from 3% and introduce a new non-refundable scheme for renovations or for the purchase of existing homes, said Gergely Karoly, chairman ...
‘State Of The Nation’ Speech By Hungary's Prime Minister Viktor Orbán
- 9 Feb 2012 8:03 AM
- current affairs
"On 7 February 2012 Viktor Orbán gave his traditional ‘state of the nation’ speech, focusing on the past year. This was the fourteenth such occasion. At the beginning of his speech Mr. Orbán thanked all those who have stood by the country in spite of the criticism directed at it and its government. This was a reference to the four hundred thousand people who took part in the ‘Peace March for ...