Finance minister: First Home programme to become “more social”

Finance minister Eugen Teodorovici said on Sunday on Antena 3 that the First Home programme will go through some changes by the end of this month and become “more social”, but will not be fundamentally changed.

“We have a cap of about RON 2 billion this year for the First Home programme, so it will continue, but the discussions we’ve had with the Central Bank were to make it more social, more targeted with a social purpose. We’ll probably have a new proposal for the programme by the end of February, but no essential aspects will change. Financing is there, it has been budgeted, and the programme continues. Until we change it, it will continue in the same form,” the minister said.

Asked what types of changes will be introduced for the programme, the Finance minister said that they would be related to the homes’ sizes or the incomes of those who want to take part.