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Nagy Outlines Extension to Mortgage Rate Rise Protection

HUNGARY
  • Econ development minister Nagy outlined yesterday an extension to a mortgage rate freeze to non-subsidised credit holders until June of next year, a move that should shield as many as 300,000 borrowers from the rise in lending rates.
  • The NBH are to hold an online press conference later today on macro-prudence, as they present their latest report at 10am local time (0900BST).

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