The parliament endorsed a proposal of the ruling party Fidesz to extend until July 1 the moratorium on eviction of persons with default on mortgage loans from the previous deadline April 15, Portfolio.hu reported. In 2010, Hungary practically eliminated foreign currency mortgage lending for households as it prohibited entering a lien upon a real estate if it was result of mortgage loan contract in foreign currency by individuals. |
Hungary's investment funds had aggregate assets of HUF 3.657tn (EUR 11.98bn) as of end-February 2013, up by 3.2% m/m, MTI news agency reported citing data from the association of investment funds ... more
The number of employees in Hungary's public and private sectors fell for the tenth straight month in January 2013 declining by 0.6% y/y to 2.574mn, the statistics office informed. The decline ... more
The assembly of state-owned Hungarian Electricity Works (MVM) has approved the purchase of the local gas business of German power utility E.ON, Hungary AM reported, citing local daily Magyar ... more