Loans
Starting from fall 2025, small and medium-sized businesses that operate outside of Budapest will become eligible for a no-interest loan they can use to modernize their energy infrastructure. If the plan is accepted, almost HUF 40 billion will be distributed in the framework of the Ányos Jedlik Energy Program.
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Starting from September 2025, a new, 3% loan scheme will become available to those who want to purchase a house or an apartment for the first time. The new scheme will be available with way fewer restrictions than existing loans, aiming to support a wider population, with a possible impact on the real estate market as a whole.
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The Monetary Council of the Hungarian Central Bank increased the base rate with an unexpected 185 basis points. Now analysts expect a base rate above 10% for the fall, which should help restrain inflation and the depreciation of HUF compared to EUR. Base rate increased to 7.75% The recent increase of 185 basis points is …
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Learn about the set of economic relief measures that intend to alleviate the economic burdens of companies and self-employed persons operating in the sectors most affected by the coronavirus pandemic in Hungary.
The post Economic relief measures in Hungary due to the coronavirus pandemic appeared first on Helpers Finance.