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LMP URGES 'NATIONAL UNITY' TO HELP FOREX DEBTORS

 

The opposition LMP party has called on all parliamentary parties to support an initiative aimed at renegotiating retail loans denominated in a foreign currency. MP Antal Csárdi said his party had consulted voters on the plan, under which all loans, whether outstanding or paid off, would be re-calculated at a 180:1 forint-Swiss franc rate. Csárdi voiced hope that Hungary’s policymakers “would stand united by the people as opposed to economic groups”.