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The Warsaw Voice » Business » October 3, 2018
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FX borrowers dilemma
October 3, 2018   
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Tadeusz Cymanski
Ruling party Law and Justice (PiS) continues to struggle with ideas how to help FX borrowers without hurting the financial system, Puls Biznesu wrote, citing a number of doubts expressed by Tadeusz Cymanski, the head of the parliamentary subcommittee that deals with the issue.
While the issue of broadening the base of persons entitled to assistance from the borrower support fund FWK is non-controversial and could be passed separately, the issue of converting FX loans to the zloty is more complicated, as some banks with FX loans are currently in financial troubles and could face insolvency, Cymanski explained.
Also, banks threaten with law suits at the EU level, lawsuits that would likely be successful, Cymanski pointed out.
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