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Hungary’s Top Court Rejects Voiding $17 Billion in Loans – Bloomberg

loans - Google News Dec 16th, 2013 Loans.



Hungary's Top Court Rejects Voiding $17 Billion in Loans
Bloomberg
The loans are “neither invalid, immoral or usury” because of the fact that borrowers must bear the exchange-rate burden, Judge Gyorgy Wellmann of the court, known as the Kuria, said today in Budapest. Its decision is binding for lower courts. Prime ...

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