- 21 Jul 2014 5:00 AM
Borrowers should have a clear idea by the end of 2014 of the conditions of the conversion, he added.
On a different subject, Varga said reducing the VAT rate, that is reducing consumption and income-based taxes at the same time, would be “difficult to implement”, he said.
Varga said building an acknowledgement for parents into the pension system was a “good idea”. He added that the pension systems of several European countries provide incentives for raising children.
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