152 result(s) for repayment
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.
Lawmakers Can Modify Forex Loan Contracts, Hungary’s Constitutional Court Rules
- 18 Mar 2014 8:00 AM
- property
Existing contracts for foreign-currency mortgages may be modified by legislation, Hungary’s Constitutional Court ruled. Its decision came after the government asked the court to weigh the constitutionality of several conditions in the forex loan contracts. Among the government’s concerns was that borrowers had not been warned of the risks that a falling exchange rate would have on their monthly ...
IMF Mission Holds Routine Consultations In Hungary
- 18 Mar 2014 8:00 AM
- current affairs
A delegation from the International Monetary Fund (IMF) held routine annual consultations on economic policy in Hungary from March 5 to 17, the Economy Ministry said on Monday. The negotiations were the first since Hungary paid back ahead of schedule its 20 billion euro IMF loan taken out in 2008.
Details Revealed In Moscow About EUR 10 Billion Loan To Hungary
- 14 Mar 2014 8:00 AM
- current affairs
The Russian government yesterday published on its website a decree on its €10 billion loan to Hungary, revealing details of the deal that the Hungarian government has not disclosed. Among them is the stipulation that Hungary must use the loan only for expansion of the power plant.
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.
Hungarian Court Rules Car Loan In Valid, Setting Possible Precedent
- 20 Feb 2014 8:00 AM
- shopping
A ruling by the municipal court declaring a contract for a car loan invalid on the ground that a trader signed it instead of a bank, could set a precedent, paving the way for several thousand annulments of contracts, Magyar Nemzet daily said.
Opposition Parties In Hungary Demand More Info On Paks Investment
- 18 Jan 2014 8:00 AM
- current affairs
Hungarian opposition parties on Friday demanded further information on the impact of the planned investment in the Paks nuclear power plant. The main opposition Socialist Party said it was turning to the economy minister with a question about how the plant’s expansion would impact the budget, as well as seeking the opinion of the state debt manager about the deal’s likely long-term effects. ...
Hungary Homes Sales Fall In December
- 3 Jan 2014 8:00 AM
- property
There were 5,768 homes sold in Hungary in December, down 5% from the same month a year earlier, real estate broker Duna House said. Full-year home sales came to 83,600, down 11% from 2012.
Hungary’s Top Court Rules FX Lending Legal
- 17 Dec 2013 8:00 AM
- current affairs
Banks cannot be held responsible for dearer foreign currency mortgages due to changes in the exchange rate, the court said. Hungary’s Supreme Court, the Kúria, ruled on Monday that lending in foreign currency and related contracts are legal, and the client should bear the risks related to exchange rate fluctuations.
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.
Lawmakers Can Modify Forex Loan Contracts, Hungary’s Constitutional Court Rules
- 18 Mar 2014 8:00 AM
- property
Existing contracts for foreign-currency mortgages may be modified by legislation, Hungary’s Constitutional Court ruled. Its decision came after the government asked the court to weigh the constitutionality of several conditions in the forex loan contracts. Among the government’s concerns was that borrowers had not been warned of the risks that a falling exchange rate would have on their monthly ...
IMF Mission Holds Routine Consultations In Hungary
- 18 Mar 2014 8:00 AM
- current affairs
A delegation from the International Monetary Fund (IMF) held routine annual consultations on economic policy in Hungary from March 5 to 17, the Economy Ministry said on Monday. The negotiations were the first since Hungary paid back ahead of schedule its 20 billion euro IMF loan taken out in 2008.
Details Revealed In Moscow About EUR 10 Billion Loan To Hungary
- 14 Mar 2014 8:00 AM
- current affairs
The Russian government yesterday published on its website a decree on its €10 billion loan to Hungary, revealing details of the deal that the Hungarian government has not disclosed. Among them is the stipulation that Hungary must use the loan only for expansion of the power plant.
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.
Hungarian Court Rules Car Loan In Valid, Setting Possible Precedent
- 20 Feb 2014 8:00 AM
- shopping
A ruling by the municipal court declaring a contract for a car loan invalid on the ground that a trader signed it instead of a bank, could set a precedent, paving the way for several thousand annulments of contracts, Magyar Nemzet daily said.
Opposition Parties In Hungary Demand More Info On Paks Investment
- 18 Jan 2014 8:00 AM
- current affairs
Hungarian opposition parties on Friday demanded further information on the impact of the planned investment in the Paks nuclear power plant. The main opposition Socialist Party said it was turning to the economy minister with a question about how the plant’s expansion would impact the budget, as well as seeking the opinion of the state debt manager about the deal’s likely long-term effects. ...
Hungary Homes Sales Fall In December
- 3 Jan 2014 8:00 AM
- property
There were 5,768 homes sold in Hungary in December, down 5% from the same month a year earlier, real estate broker Duna House said. Full-year home sales came to 83,600, down 11% from 2012.
Hungary’s Top Court Rules FX Lending Legal
- 17 Dec 2013 8:00 AM
- current affairs
Banks cannot be held responsible for dearer foreign currency mortgages due to changes in the exchange rate, the court said. Hungary’s Supreme Court, the Kúria, ruled on Monday that lending in foreign currency and related contracts are legal, and the client should bear the risks related to exchange rate fluctuations.