Election Committee rejects referendum question on forex loans
Budapest, October 14 (MTI) – The National Election Committee (NVB) on Wednesday rejected a referendum question concerning foreign currency loans submitted by a private individual.
The question was as follows: “Do you agree that Parliament should adopt legislation which stipulates that banks should bear costs related to exchange rate rises on foreign currency-denominated loans?”
Andras Patyi, the head of NVB, said the question was ambiguous as to whether it would apply only to new or existing loans. It may also require a change of Hungary’s basic law, he said.
The decision may be appealed within 15 days.
Source: http://mtva.hu/hu/hungary-matters
If you would like to support the work of the Daily News Hungary staff and independent journalism,
please make a donation here
please make a donation here
Hot news
What happened today in Hungary? — 18 April, 2024
Probe launched into suspected foreign financing attempt in Hungary
VIDEO: What’s happening in Hungary? Food delivery rider on the motorway
ESG law strengthens the competitiveness of Hungarian businesses
SHOCKING: Hungary’s guest worker numbers exposed!
According to Minister Navracsics, this one policy will be priority of Hungarian presidency – UPDATED