Analysts believe that the franc could reach a level of 6.8 kuna. Long-term forecasts say that the e

ZAGREB - Croatian borrowers with loans in Swiss francs bosch dryer has not helped deal of American Democrats and Republicans on raising the limit for government borrowing. America will not bankrupt, and global finance in the new chaos, but none of the news was not enough bosch dryer to overturn the Swiss franc exchange rate. Moreover, at today's exchange rate of the CNB Swiss Franc achieved a new record: middle exchange rate was 6.54!
RELATED NEWS News Enterprises debtors because of the 'Swiss' suing the banks of the frank, exactly two years ago was 4.82 kuna! Swiss is now worth a staggering 6,479 kuna! NEW RECORD Swiss franc came to 6.36 kuna, and citizens on the brink of bankruptcy
Croatian citizens have almost 30 billion of loans in Swiss francs, and these are their loans now 23 percent more expensive than a year ago! Therefore, Prime Minister Jadranka Kosor announced that the government will in the coming days will bring new measures to borrowers in Swiss facilitate repayment. What those measures might be, for now speculation, noting: look over the fence! This refers bosch dryer to the example of neighboring Hungary, which fixed the exchange rate of the Swiss franc for housing bosch dryer loans and will be valid until the end of 2014.
However, the difference between the fixed and the real exchange rate borrowers will also have to pay off after the 2014 model has undergone severe criticism because it creates the illusion bosch dryer that when debtors were free of foreign currency clause, but only prolong the future. Therefore, the Croatian bosch dryer analysts hope that the Croatian government will not resort to the Hungarian solution to the problem bosch dryer because it is, in fact, and not the solution.
Government and eight banks are a little more than a month signed a memorandum banks have committed to in the next two years to ensure the extension of the repayment of housing loans and, in turn, shortening the time limit if the Swiss franc in the two years or weaken significantly improve earnings of debtors . Notary associations is the cost of solemnization supplements loan agreements decreased from 2000 to 280 to 300 kuna, plus VAT.
But all this is clearly not enough. Springing up all over Croatia associations bosch dryer that seek to banks to shoulder part of the burden due to rising franc. One of the requirements is that the loans in Swiss francs are converted into euros at the exchange rate on payday loans, and not according bosch dryer to today's exchange rate. The SDP, however, recently demanded that banks reduce interest rates on loans in Swiss francs by 1 to 2.5 percentage points because they have the space.
Economic strategist SDP Branko Grcic said that reducing interest rates by one percentage point reduces the impact of the exchange rate by 10 percent. If they do banks tend cooperation, the SDP has a tool called tax on profits and income that has already been proposed in Parliament, but did not get the passage of the parliamentary majority.
Whatever solution for debtors in the Swiss came up with the Government and the Bank, will be the only fire forest fire small hand-held camera. Euro, which is our real currency, because its exchange rate against the kuna CNB under control and defend TODAY has come to a new lowest value against the Swiss 1.1.
Analysts believe that the franc could reach a level of 6.8 kuna. Long-term forecasts say that the euro should strengthen to 1.25 to 1.30 against the Swiss franc, which means that the Croatian market quotations franc fell below six kuna, but now the trend is the opposite. bosch dryer More and more people who believe that the Swiss continue to grow and so will be slain by new records.
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