Erste CEO confident of Hungary mortgages solution

Newswire

VIENNA, Oct 30 (Reuters) - Austria's Erste Group Bank is confident of coming to an agreement with the Hungarian government on a plan to help foreign-currency mortgage borrowers, its chief executive said. The government wants to reduce costs for homeowners, whose loans have become more expensive, and has rejected proposals from the Hungarian Banking Association. It is expected to present its own plans early next month. "We're entering into negotiations. We're ...

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