The Széchenyi Program to be renewed

According to the government decision over the newSzéchenyi loan programs, the Government will launch three types of loan programs with different dates – writes Magyar Közlöny.

The government at the majority of the new target loans, gives 2 percentage point interest-rate subsidy for the loan agreement concluded on the 31st of December 2010 for the duration of the first three years (1095 days) and provides a support up to 50 percent of the guarantee fee of the guarantee institution. This support, however, does not exceed the 0.75 percent of the guarantee fee projection fund – reports MTI.