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Hungary launches Wekerle housing scheme with cheaper mortgages and EUR 1.7 billion for renovations

Hungary has unveiled an extensive new housing programme offering discounted mortgages for younger buyers, state subsidies for energy-efficient home renovations and the return of government-backed housing savings. The Wekerle programme, announced by Prime Minister Péter Magyar’s government, is designed to make homes more affordable while encouraging construction and modernisation across the country.

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