Economy
Hungarian banks not withdrawing from talks with government on FX lending
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The news comes after a report in local daily Magyar Nemzet that local lenders are pulling out of the talks, claiming the cabinet has breached a promise not to impose unilateral measures on banks.
Banks consider a government decision allowing employers to give tax-exempt financial assistance to employees wishing to repay their FX mortgages at below market rates as counter to an agreement that the cabinet will abstain from unilateral initiatives, the paper said.
Banks consider a government decision allowing employers to give tax-exempt financial assistance to employees wishing to repay their FX mortgages at below market rates as counter to an agreement that the cabinet will abstain from unilateral initiatives, the paper said.
