TITLE

Policy Risks Growing

PUB. DATE
November 2011
SOURCE
Emerging Europe Monitor: Central Europe & Baltic States;Nov2011, Vol. 18 Issue 11, p6
SOURCE TYPE
Country Report
DOC. TYPE
Article
ABSTRACT
The article discusses the economic impact of the government's decision to allow households to pay their foreign currency dominated mortgages at lower market rates in Hungary. The government's decision was expected to have a negative effect on the country's business environment as banks are set to shoulder the costs. Moreover, the country will face a mixed impact of such action on the economic growth.
ACCESSION #
67149892

 

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