Hungarian Gov’t Extends Mortgage Moratorium

  • 24 Apr 2014 9:00 AM
Hungarian Gov’t Extends Mortgage Moratorium
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.

Giró-Szász said the government will put forward a related proposal to Parliament. The moratorium would have expired in the spring.

Last November Parliament extended the moratorium on evictions until April 30 of this year.

Source: Hungary Around the Clock

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