Total ceiling for guarantees under ‘First Home’ programme established at 700 M euros for 2010

Total ceiling for guarantees under the ‘First Home’ government programme will stand at 700 million euros in 2010, Finance Minister Sebastian Vladescu said on Thursday.

He specified that the Executive will discuss the individual guarantee ceilings too, at next week’s session, which will be 60,000 euros for a home in an old buildings, 70,000 euros for new buildings and 75,000 euros for those who associate to erect new housing.

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