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DÖMÖTÖR: HUNGARY'S REPAYMENT MORATORIUM LONGEST IN EUROPE

 

Hungary’s moratorium on loan repayments is longer than in any other country in Europe, state secretary Csaba Dömötör said in a video message posted on Facebook on Saturday. He noted that the blanket moratorium, among the government’s first coronavirus crisis relief measures, runs for 15 months.
Dömötör said more than half of Hungary’s 2.7 million borrowers had availed of the moratorium. In addition to families, the measure has helped over half a million Hungarian businesses, he added.