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Romanians reject euro home loans after Hungary disaster

Govt offers US$4.2b in loan guarantees to first-time buyers

[BUCHAREST] Romania, using record-low interest rates to rebuild a housing market devastated by the economic crisis, is forcing homebuyers such as Vlad Popescu to abandon cheap euro-denominated mortgages in the name of financial stability. In October, the government changed the terms of a four-

sentifi.com

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