37 result(s) for base rate in Property
Hungary’s Forint Conversion Of FX Loans Expected In 2015
- 21 Jul 2014 5:00 AM
- property
The conversion of foreign currencydenominated loans into forints is expected to take place in 2015, Economy Minister Mihály Varga said in an interview published on the website of weekly HVG. Legislation on the conversion is expected to be submitted to parliament at the end of November or early December, and the relevant laws should be passed before the end of the year, Varga told hvg.hu.
Ruling Paves Way For Legislation On FX Mortgages In Hungary
- 17 Jun 2014 4:00 AM
- property
In its long-awaited ruling on foreign-currency loans, the Kúria declared yesterday that it is unfair of banks to take advantage of exchange-rate margins and to unilaterally raise interest rates on the loans except under strict conditions.
Hungary's Kúria Rules Against OTP On FX Loans
- 4 Jun 2014 9:00 AM
- property
OTP should not have issued a foreign-currency loan at the bank’s buying rate while requiring the borrower to repay it at the selling rate, the Kúria declared in a Tuesday ruling.
Exchange Rate Cap Scheme Participants 38% Of FX Mortgage Stock In Hungary
- 15 Apr 2014 9:00 AM
- property
Borrowers accounting for about 38% of the total stock of foreign currencydenominated mortgage loans in Hungary have joined an exchange rate cap scheme that aims to make repayments easier, fresh data from the National Bank of Hungary show.
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 ...
European Court Rules Hungary Retail Tax Discriminatory
- 5 Feb 2014 3:00 AM
- property
The European Court of Justice on Wednesday ruled that Hungary’s sectoral tax on retailers is discriminatory, putting companies with owners in other European Union states at a disadvantage.
Xpat Opinion: Hungary's Kúria Rules Forex Based Mortgage Loans Valid
- 20 Dec 2013 8:00 AM
- property
A pro-government daily accuses the top court of siding with banks, avoiding relevant questions and undermining public faith in the courts, while the leading opposition daily says the story is far from over and suspects that this resolution is exactly what the government hoped for.
Hungary’s Top Court Limited In Helping FX Borrowers, Says Kúria Head
- 18 Dec 2013 3:00 AM
- property
Hungary’s supreme court, the Kúria, has tried to do all it can for troubled mortgage holders but the courts have limited means to manage serious social and economic problems, Péter Darák, the court’s chief judge, told MTI in an interview.
Hungary's Gov’t May Mandate FX Mortgage Solution
- 5 Aug 2013 8:00 AM
- property
The government will present its own proposal on foreign-currency mortgages to Parliament if it does not reach an agreement with the banks in the autumn, Economy Minister Mihály Varga said yesterday. One day after meeting with bank leaders, he said on TV2 on Kossuth Radio and in an interview with Magyar Hírlap that a solution must enable the conversion of foreign-currency loans into forint-based ...
Hungary’s Forint Conversion Of FX Loans Expected In 2015
- 21 Jul 2014 5:00 AM
- property
The conversion of foreign currencydenominated loans into forints is expected to take place in 2015, Economy Minister Mihály Varga said in an interview published on the website of weekly HVG. Legislation on the conversion is expected to be submitted to parliament at the end of November or early December, and the relevant laws should be passed before the end of the year, Varga told hvg.hu.
Ruling Paves Way For Legislation On FX Mortgages In Hungary
- 17 Jun 2014 4:00 AM
- property
In its long-awaited ruling on foreign-currency loans, the Kúria declared yesterday that it is unfair of banks to take advantage of exchange-rate margins and to unilaterally raise interest rates on the loans except under strict conditions.
Hungary's Kúria Rules Against OTP On FX Loans
- 4 Jun 2014 9:00 AM
- property
OTP should not have issued a foreign-currency loan at the bank’s buying rate while requiring the borrower to repay it at the selling rate, the Kúria declared in a Tuesday ruling.
Exchange Rate Cap Scheme Participants 38% Of FX Mortgage Stock In Hungary
- 15 Apr 2014 9:00 AM
- property
Borrowers accounting for about 38% of the total stock of foreign currencydenominated mortgage loans in Hungary have joined an exchange rate cap scheme that aims to make repayments easier, fresh data from the National Bank of Hungary show.
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 ...
European Court Rules Hungary Retail Tax Discriminatory
- 5 Feb 2014 3:00 AM
- property
The European Court of Justice on Wednesday ruled that Hungary’s sectoral tax on retailers is discriminatory, putting companies with owners in other European Union states at a disadvantage.
Xpat Opinion: Hungary's Kúria Rules Forex Based Mortgage Loans Valid
- 20 Dec 2013 8:00 AM
- property
A pro-government daily accuses the top court of siding with banks, avoiding relevant questions and undermining public faith in the courts, while the leading opposition daily says the story is far from over and suspects that this resolution is exactly what the government hoped for.
Hungary’s Top Court Limited In Helping FX Borrowers, Says Kúria Head
- 18 Dec 2013 3:00 AM
- property
Hungary’s supreme court, the Kúria, has tried to do all it can for troubled mortgage holders but the courts have limited means to manage serious social and economic problems, Péter Darák, the court’s chief judge, told MTI in an interview.
Hungary's Gov’t May Mandate FX Mortgage Solution
- 5 Aug 2013 8:00 AM
- property
The government will present its own proposal on foreign-currency mortgages to Parliament if it does not reach an agreement with the banks in the autumn, Economy Minister Mihály Varga said yesterday. One day after meeting with bank leaders, he said on TV2 on Kossuth Radio and in an interview with Magyar Hírlap that a solution must enable the conversion of foreign-currency loans into forint-based ...