Hungary to buy forint mortgage bonds to spur lending
The National Bank of Hungary on Monday sought to prevent a return to the events that sparked the country's worst economic crisis since the fall of communism by introducing a programme aimed at fostering forint lending.
The central bank announced on Monday that it would undertake a programme "to support the development of the domestic forint mortgage lending and mortgage bond markets."
In the run-up to the crisis, which led Hungary to seek International Monetary Fund support in November 2008, the
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