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MORE THAN 14,000 BIG FAMILIES APPLY FOR CAR SUBSIDIES

 

More than 14,000 big families submitted applications for subsidies to buy cars introduced in July, Katalin Novák, state secretary for family and youth affairs, said. Support already disbursed reached 1.5 billion forints (EUR 4.46m) or on average 2.47 million forints, near the 2.5 million forint upper limit, she said.
The government has earmarked 5 billion forints for the subsidies this year and 10 billion forints for next year, but Novák said those allocations could be raised if demand is strong. The government hopes the funding can support purchases of vehicles by at least 10,000 big families, she added.
Families with three or more children are eligible for up to 2.5 million forints and at most 50% of the vehicle’s price for the purchase of vehicles that seat at least seven passengers under the scheme which launched on July 1. The subsidies are one element of a package of family support measures the government is rolling out to deal with the problem of depopulation.