Antena 3 CNN Romania "First home", quickly running out of cash

"First home", quickly running out of cash

"First home", quickly running out of cash
Sursa foto: Foto: sokratis.it
04 Sep 2015   •   10:59

The government-subsidized "First Home" Housing Loans for the Youth Program is about to run out of money. Bankers say they will be able to extend such loans until October at the latest.

In the first half of 2015, some banks approved such credits worth up to 50 per cent more than last year.

In turn, some developers have sold  houses that won't be finalised until next year.

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