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View Full Version : Hungary Probes Cartel Activity at Local Banks on Mortgages - Bloomberg



NewsWhore
11-23-2011, 08:30 AM
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Hungary Probes Cartel Activity at Local Banks on Mortgages (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNE77hrvuhQR8tQiUap0I1S5rOtRDw&url=http://www.bloomberg.com/news/2011-11-23/hungary-probes-cartel-activity-at-local-banks-on-mortgages.html)
Bloomberg
22, three days after Hungarian lawmakers approved a plan that forced banks to accept exchange rate risk on the early repayment of foreign currency mortgages, the Competition Authority said. “The probable explanation for the simultaneous increase is an ...

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