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Gov't Decree Extends Csok Deadlines

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A government decree published in Friday evening's official Magyar Közlöny [Hungarian Gazette] introduced several simplifications for Csok and Village Csok housing subsidies, according to business daily Világgazdaság.

A change that applies to all applicants is that the deadline for carrying out the modernization works is extended by one year, from three to four years from the conclusion of the support contract.

Bank360.hu wrote that thanks to the amendments, families will have more time to renovate their homes, and the construction works and their budget can be re-planned at the same time.

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