Report: Government could broaden eligibility for home subsidies

Analysis

The Hungarian government is reportedly planning to broaden eligibility and expand home subsidies due to high demand, Hungarian economic daily Napi Gazdaság said today.

The paper noted that a new home subsidies system, which allows purchases of used homes, was launched on July 1.

Data cited by the paper reveal that in two weeks approximately 50,000 people expressed interest in the subsidies, while several thousand already handed in applications for the subsidy. The paper added that driven by the high demand, the Hungarian government is considering further expanding the system.

ADVERTISEMENT

Takarékbank lowers 2021 GDP growth forecast to 6.9% Analysis

Takarékbank lowers 2021 GDP growth forecast to 6.9%

Márki-Zay tests positive for COVID-19 Elections

Márki-Zay tests positive for COVID-19

New leasing and sales director at Horizon Development Appointments

New leasing and sales director at Horizon Development

Gov't calls for technical screening of László Papp Arena City

Gov't calls for technical screening of László Papp Arena

SUPPORT THE BUDAPEST BUSINESS JOURNAL

Producing journalism that is worthy of the name is a costly business. For 27 years, the publishers, editors and reporters of the Budapest Business Journal have striven to bring you business news that works, information that you can trust, that is factual, accurate and presented without fear or favor.
Newspaper organizations across the globe have struggled to find a business model that allows them to continue to excel, without compromising their ability to perform. Most recently, some have experimented with the idea of involving their most important stakeholders, their readers.
We would like to offer that same opportunity to our readers. We would like to invite you to help us deliver the quality business journalism you require. Hit our Support the BBJ button and you can choose the how much and how often you send us your contributions.