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Senate committee: FX loans bill back to initial version

11:49

Poland's Senate public finance committee recommended on Thursday to restore the bill on converting foreign currency mortgages into złotys to its initial version that split the conversion costs 50/50 between a bank and a borrower. The bill approved earlier in August by the Sejm puts the burden of conversion on banks. The Senate, controlled by the ruling Civic Platform (PO) party, will vote on the bill at its sitting on September 2-4.    

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