FX Loan Conversion In Hungary Put Off To Next Year

  • 23 Jul 2014 9:00 AM
FX Loan Conversion In Hungary Put Off To Next Year
The government-ordered conversion of foreign-currency loans to forints will take place next year, not by the end of 2014, as previously indicated, Economy Minister Mihály Varga told HVG on Monday.

The bill on ordering the compulsory conversion will probably not be filed before the end of November or early December, he added.

Source: Hungary Around the Clock

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