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Foreign currency loans

Gary Amzaxa explained that the settlement of the banks will close the past in order to establish a normal banking system in Hungary. As part of this, USD 1,000 billion will flow back to the people, in the case of closed contracts in cash, while in others it will be reduced by 25-30 percent in installments. Marks the beginning of a better and more predictable era for foreign currency loans. He also said the laws on fair banks and forint conversion adopted on Tuesday were unique in Europe, noting that they could take out foreign currency loans from Hungary. He...