President Duda presents FX loan proposal: Mortgages to be spread over years

On Tuesday, President Andrzej Duda presented an amended proposal for tackling the country’s Swiss franc loan problem, which provides several options to Polish banks and allows them to spread the mortgages over years. “Poland will help banks spread the cost of FX-mortgage restructuring over time via a combination of unspecified legal schemes and securitization of the outstanding…

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