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Hungarians fall victim to Swiss franc debt spiral

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Hungarians fall victim to Swiss franc debt spiral
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By Euronews
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A huge number of middle class Hungarians are sinking in debt repayments, after taking out private loans in Swiss francs.

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While the government is trying to rescue private debtors at the expense of mostly foreign banks, a significant number of people are struggling to make ends meet.

The last resort for many has become the pawn brokers, who are experiencing a business boom as the strength of the Hungarian forint continues to grow weaker.

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