ADVERTISEMENT

Jobbik submits new proposal on helping troubled borrowers

In Hungary

Radical nationalist opposition party Jobbik submitted a new proposal to help households struggling to pay their mortgages, a Jobbik lawmaker told a news conference.

MP Szilvia Bertha said the Jobbik plan called for a safety net for borrowers so that they should no longer have to make repayments to their lender if they lose their collateral.

Furthermore, borrowers who cannot afford to pay a lawyer should have access to legal aid paid for by the state, she said.

Jobbik also wants a 2% ceiling enforced on the sales commission so as to ease a disproportionate burden on the seller.

Investment Performance Falls Significantly in Q1 Figures

Investment Performance Falls Significantly in Q1

Gov't to Call HUF 75 bln Tender to Support Innovation by SME... Government

Gov't to Call HUF 75 bln Tender to Support Innovation by SME...

Antenna Hungária to Continue Operating as Holding Company Deals

Antenna Hungária to Continue Operating as Holding Company

White Raven Skybar, Laurent-Perrier Champagnes Enter Special... Drinks

White Raven Skybar, Laurent-Perrier Champagnes Enter Special...

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.