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Favourable ruling expected for forex mortgage debtors

Friday, February 14th, 2014

A conservative analyst thinks the weakening of the Forint may annul the favourable impact of the expected decision of the European Court of Justice to empower Hungarian courts to rewrite forex mortgage contracts. He urges serious confidence-building measures to bolster the national currency.  READ MORE

Kúria rules forex based mortgage loans valid

Wednesday, December 18th, 2013

A pro-government daily accuses the top court of siding with banks, avoiding relevant questions and undermining public faith in the courts, while the leading opposition daily says the story is far from over and suspects that this resolution is exactly what the government hoped for. READ MORE