ASSESSMENTS

Hungary to Address Foreign-Denominated Loan Repayments

Jun 25, 2014 | 09:11 GMT

Hungary to Address Foreign-Denominated Loan Repayments
The name and logo of the Hungarian National Bank (Magyar Nemzeti Bank) adorn the main entrance of the bank headquarters in downtown Budapest.

(ATTILA KISBENEDEK/AFP/Getty Images)

Summary

Before the end of the year, Budapest will approve new measures to try to help households repay their foreign-denominated loans. In the coming weeks, the debate will revolve around exactly what to do and how to distribute the costs.

Budapest is expected to present new measures for households struggling to repay loans held in foreign currencies. ...

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