BUCHAREST Oct 18 Romania's lower house of
parliament unanimously approved a bill to convert Swiss franc
loans into the leu currency at historical rates on Tuesday,
going against central bank recommendations.
The bill, which cleared parliament in a 248/0 vote backed by
all political groupings, applies to all Swiss franc loans
irrespective their value. Last week, deputies agreed to convert
all loans of up to 250,000 Swiss francs.
"This is not a law against the banking system. It's a
reparatory piece of legislation for borrowers," Liviu Dragnea,
head of the country's biggest party, the leftist Social
Democrats told deputies.
(Reporting by Radu Marinas; Editing by Dominic Evans)