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JOBBIK CALLS FOR EXTENSION OF DEBT SERVICE MORATORIUM

 

The opposition Jobbik demands that the government extend the current debt service moratorium, introduced in response to the economic impact of the coronavirus epidemic in the spring, by at least one year and that it be made applicable for both retail and corporate loans, the party’s deputy leader said in Tiszaújváros, in north-eastern Hungary. Jobbik wants the moratorium, which would expire on December 31, “to help individuals and companies in January, too, and without having to pay an interest even on a compound interest,” Dániel Z Kárpát said. He also suggested that a moratorium on evictions of troubled mortgage holders should be in force until the end of the coronavirus crisis. Z Kárpát insisted that the government was unable to handle a deepening economic crisis and it could not provide jobs to “masses of people becoming unemployed”.