Hungary government, banks at odds over brokerage compensation

April 13, 2015 4:58 PM

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BUDAPEST, April 13 (Reuters) - Hungary's government and banks are at odds over a proposal by the ruling Fidesz party to offer much higher-than-anticipated compensation to clients of failed brokerage Quaestor, bankers said on Monday.

The Fidesz plan would partly pass on the costs of a Quaestor bailout to Hungary's heavily-taxed lenders just as they were preparing for a reduction in a punitive bank levy and looking forward to a period of calm after tensions with the authorities.

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