Serbia’s Parliament endorses special law on CHF mortgages
N1 Info 25.04.2019 | Beta
The Parliament of Serbia passed the Law on the conversion of mortgages in Swiss Franks to Euros, believed to ease the payments for 15,785 citizens, the Beta news agency reported.
Their debts will be reduced for 38 percent, and the interest for the debt principal will be the one applied on March 31, 2019, for loans in Euros. The opposition criticised the Law mostly because it did not apply to those who either paid off the mortgages in full or the banks confiscated their properties when they couldn’t repay the debt. They also opposed state financial intervention. “Some economists think the state should not pay for the
