Hungarian government made a deal with moneygrabbing banks

In his Wednesday press conference, Jobbik’s vice president, Dániel Z. Kárpát said there were still over 140 thousand people who had been unable to get out of their unsustainable situation where they were thrown into by the government’s legalizing malpractice and allowing the banks to keep the money taken away from the people. “The government made a deal with the moneygrabbing banks, then set up billboards advertising that it had held the banks accountable” Jobbik’s MP noted.

Confirming his party’s position that the foreign currency loans should be converted into HUF at the exchange rates valid at the time of taking them, the politician added that the 260 billion surplus gained by the Hungarian National Bank on the transaction should be paid into a restitution fund.

Mr Z. Kárpát also said that his party was going to submit a proposal to finetune the system: they would widen the range for people to contract the National Asset Management Fund, make the institution of personal bankruptcy a liveable option and introduce some relief options for exchange rate barriers so that debtors could face a manageable situation. (The end of the fixed rate moratorium is near: after June 30, 2017 debtors will have to pay their monthly instalments at the current exchange rate while also having to repay the debt accumulated on the omnibus account, with market interest.

“The government made a deal with the moneygrabbing banks, then set up billboards advertising that it had held the banks accountable,” Jobbik’s MP stated, adding that Jobbik will only be able to introduce systemic improvements when it gets into power.

 

Alfahír.hu - Jobbik.com