Hundreds of people have protested in Romania against high repayments for Swiss franc loans, blaming the banks for offering deceptively cheap loans and calling on the government to regulate hard currency loans.

“The bank tricked us!” yelled up to 1,000 demonstrators gathered in a downtown square. “You have the power, we have the pain!” read one banner.

About 75,000 Romanians have loans in Swiss francs, taking them out during the economic boom of the mid-2000s, because they had a lower interest rate.

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