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NGO pushes for legislative regulation of housing loan interest rates

ZAGREB, Feb 22 (Hina) - Members of the Franak association, a civil action group representing citizens who took loans pegged to the Swiss franc, told a press conference on Friday that they welcomed the government's announcement to intervene in determining interest rates but urged that this be regulated by law and not by mere decision of the finance minister which could succumb to political pressure and current political will. They further suggested that they be included in preparing amendments and supplements to the Law on Financial Institutions.

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