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1st October, 2018

Credit eased for energy efficient home improvement

Conditions for preferential credit for home improvements that boost energy efficiency have been eased, it was announced on the EU funding allocation website Széchenyi 2020.

The credit threshold for applicants in the Central Hungary region, including Budapest, has been raised from 25% to 50% of total investment costs.

The percentage of labour costs in terms of material costs has doubled from 60% to 120% for all regions of the country.

Sources regularly consulted, with abbreviations used in text: Népszabadság (N); Magyar Hírlap (MH); Világgazdaság (VG); Napi Gazdaság (NG); Magyar Nemzet (MN); Népszava (Nsz); Kossuth Rádió news (KR); nightly TV news (TV).

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