• Rajan Doering

Hungary extends moratorium on loan repayments



The Hungarian parliament unanimously voted to extend a moratorium on loan repayments for certain borrowers, such as families with kids, those on pension, unemployed, and vulnerable businesses. Banks are also prohibited from cancelling retail and corporate loan contracts from before the virus until the end of next June.


Link: https://hungarymatters.hu/2020/10/20/lawmakers-extend-repayment-moratorium/

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