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View Full Version : Hungary to Force Banks to Swallow Swiss-Franc Mortgage Losses, Orban Says - Bloomberg



NewsWhore
09-12-2011, 10:50 AM
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Hungary to Force Banks to Swallow Swiss-Franc Mortgage Losses, Orban Says (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNEE7jpld2wu8nJWtAZswk-Aoo9jDA&url=http://www.bloomberg.com/news/2011-09-12/orban-says-feasible-to-fix-franc-rate-on-hungary-loans.html)
Bloomberg
Hungary&#39;s government backed a plan to force lenders to swallow currency losses on Swiss franc and euro mortgages, sending Austrian bank stocks lower and prompting criticism from the government in Vienna. ...

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