Hungary govt could weigh new personal bankruptcy law

May 7, 2015 12:45 PM

61 0

BUDAPEST May 7 (Reuters) - Hungary's government is open to discussions of a new law on personal bankruptcy if the junior governing Christian Democrats propose it to Parliament, Prime Minister Viktor Orban's Chief of Staff Janos Lazar told a press conference on Thursday.

Lazar added the new legislation, if passed, could affect 100,000-150,000 private borrowers who have run into trouble in the central European country.

Also read: Prison time for China anthem insults in new Hong Kong law

Read more

To category page