Parliament yesterday strengthened regulations on how banks may unilaterally change conditions on loans. As a major change, the law will be retroactive to January 1.
Furthermore, not only individuals will be protected but also small businesses with total assets below €2 million.
The period in which clients must be notified of changes is extended from 15 days to 60.
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Furthermore, not only individuals will be protected but also small businesses with total assets below €2 million.
(Here they go again using the Euro which Hungary cannot print.)Try using your own currency as an example for a change. This government has no reason to use this as an example because not everybody thinks in terms of the over inflated Euro.