Bloomberg News

Hungary Needs to Save Households From Debt Trap, Orban Says

October 19, 2011

Oct. 19 (Bloomberg) -- Hungary needs to come up with a solution to the “debt-trap” of more than one million borrowers who are struggling to repay foreign-currency loans, Prime Minister Viktor Orban said.

Any solution is bound to be “controversial,” Orban said at a conference in Budapest today.

To contact the editor responsible for this story: Zoltan Simon at zsimon@bloomberg.net


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