Franc shock for East European borrowers

Author (Corporate)
Publisher
Series Title
Series Details January 2015
Publication Date January 2015
Content Type ,

This Who's saying what from Euro|Topics offers English (+ French and German) translations of a selections of articles in European news sources on this topic.

After the uncapping of the Swiss franc against the euro in January 2015, the mortgage payments of hundreds of thousands of East Europeans have skyrocketed with the franc's rise in value. Must the individual states now come to the aid of borrowers?

Source Link Link to Main Source http://www.eurotopics.net/en/home/debatten/links-2015-01-frankenschock/
Related Links
ESO: Background information: Swiss National Bank scraps exchange rate ceiling http://www.europeansources.info/record/swiss-national-bank-scraps-exchange-rate-ceiling/
Swissinfo.ch, 29.01.15: Franc surge squeezes eastern European homeowners http://www.swissinfo.ch/eng/franc-surge-squeezes-eastern-european-homeowners/41244058

Subject Categories ,
Countries / Regions , , ,