Search Results
March 24th, 2014
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.
January 18th, 2014
Népszabadság thinks the government should have known that the Ócsa project was doomed to failure from the very start and should not have taken the hasty decision of building a large compound in the middle of nowhere.
November 15th, 2013
A conservative economist contends that forex mortgages endanger European financial stability and calls for EU action to ease the burden on debtors.
September 23rd, 2013
Left-leaning weeklies think it will be extremely difficult for the Socialists and their allies to match the governing right wing. They accuse Fidesz of smart but unfair campaign methods.
September 5th, 2013
A liberal analyst says the greatest problem Fidesz faces in the upcoming campaign is how to handle hundreds of thousands of voters with forex mortgages who can no longer be won over with expressions of sympathy and solidarity. A left-leaning commentator disagrees and foresees further verbal manoeuvring to appease angry ...
August 29th, 2013
Figyelő fears that the rescue scheme may encourage debtors to default. Népszabadság warns that imposing excessive burdens on banks will harm recovery.
August 28th, 2013
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.
August 1st, 2013
A conservative pundit warns against a selective conversion of loans denominated in foreign currencies. He proposes that the National Bank should step in and offer part of its foreign currency reserves to convert all FX household loans into Forint credits.
July 26th, 2013
A pro-government analyst welcomes the announcement that mortgage based foreign currency loans will be converted into forints and the modalities of the project will be negotiated with the Hungarian Banking Association.
July 9th, 2013
A conservative blogger believes that creditors who demand radical state action and even the annulation of their mortgage loan contracts echo the public culture of the pre-1989 era.