Hungary's government seeks constitutional ruling on FX loans -MTI

Newswire

By Krisztina Than BUDAPEST, Nov 29 (Reuters) - Hungary's government asked the constitutional court on Friday to determine whether foreign currency loan contracts could be unconstitutional and if they could be modified with new legislation, state news agency MTI reported. Foreign currency mortgages were popular in Hungary before the 2008 global financial crisis, but have become a huge burden for households, and for the economy. Prime Minister ...

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