Interest Rate Freeze: the Ministry of Finance Unexpectedly Spoke Out
8 Articles
8 Articles
The government's plan for the phase-out affects approximately 220,000 contract parties.
Negotiations are continuing to find an acceptable and reassuring solution to the change in installments.
Negotiations between the government and representatives of the Hungarian Banking Association on the possible elimination of the interest rate freeze are continuing, in order to find a jointly acceptable and reassuring solution to the change in the repayment installment for those most exposed, the Ministry of Finance (PM) announced in response to MTI's inquiry on Monday.
Negotiations continue between the government and the Hungarian Banking Association on the introduction of the interest rate stop. As it was not possible to agree on the protection of the most vulnerable debtors by the previously set deadline of the end of September, the measure remains unchanged for the time being.
Discussions are continuing between representatives of the government and the Hungarian Banking Association on the possible lifting of the interest rate stop in order to find a mutually acceptable and reassuring solution for those most exposed to the change in the installment, the Ministry of Finance (PM) announced on Monday.
Based on preliminary estimates and calculations, the change could affect one-tenth of the approximately 200,000 customers.
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