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Foreign currency loans pain in Eastern Europe and "One more thing" from Apple

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Foreign currency loans pain in Eastern Europe and "One more thing" from Apple

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It’s been a month since the Swiss national bank ended a policy meant to limit the franc’s value against the euro. And the consequences have gone way beyond Swiss chocolate and watches soaring in price.

When the franc almost instantly rocked up 20 percent against the euro, and even more against the currencies of Eastern Europe, hundreds of thousands of home-owners found themselves unable to meet their monthly mortgage payments in francs.

But the Hungarians didn’t feel the pain. Why? – That’s the question we ask euronews business corespondent in Budapest Beatrix Asboth.

We also speak to our very own Kyiv correspondent Maria Korenyuk as the Ukrainian government and the National bank there are yet to find a solution to foreign-currency loans.

We also take a look at what could be Apple’s next “one more thing”.

All that – in this edition of Business Line.