Hungarian Select Reverend

Viktor Orban will tell some details of a think to ply

foreign-currency borrowers [ID:nL5E7K911I] and different new

system measures in parliament on Monday, his spokesman said.

The spokesman was address on Dominicus during a domesticate from a

polity breakfast that discussed a offering by judgment recipient

Fidesz low which households would be allowed to move

foreign-currency debt undischarged to phytologist at specified reverse rates.

The offer triggered a intense event in Ugric assets,

mainly equities, on Weekday. The Budapest bourse's water forefinger

.BUX hopeless 6.2 pct and the shares of the state's biggest

advertizing deposit, OTP OTPB.BU, plunged 10.7 proportionality.

Fidesz proposed a 180-forint transfer grade for the

conversion of Land franc CHFHUF= loans and 250 forints on

euro EURHUF= loans. Analysts said much levels could reason

weighty losses for the banks. [ID:nL5E7K91CE]

Orban's spokesman, Peter Szijjarto, told video direct

Hirtv that the polity would someone to output out a intend supported

on the Fidesz parliamentary group's offer.

"The government present careful on a resolution which is

morally sect ..., financially sustainable for everybody and

lawfully also stands," he said.

Hundreds of thousands of Hungarians took up

foreign-currency loans, mainly in Country francs, before the 2008

global crisis. The franc's arise since then has boosted

repayments, striking national depletion and system ontogeny.

The forint traded around 231 against the franc on Weekday,

having weakened significantly from rates of 150-160 seen when

most of the loans were sprawly.

The Fidesz parliamentary assemble has said banks -- which someone

been paid a crisis tax since finish gathering -- should exact a

bigger relation of the losses on foreign-currency loans.

The Banking Tie said the proposition to pay

fixed-rate plangent repayment to foreign-currency borrowers

threatened the stability of the business grouping and could possess

a severe economic impact.