
Annual housing subsidy of HUF 1m for public service workers is on its way
Prime Minister Viktor Orbán said that an annual housing subsidy of HUF 1m for public service workers is on its way.
Teachers, police officers, soldiers, nurses, doctors and other civil servants will be able to spend the subsidy on home loan repayments or on paying the down payment on a new home loan.
The prime minister said on social media that they will continue working out the details on Wednesday afternoon, and he hopes they will decide on the matter in August.
PM Orbán said public consultations on the Home Start subsidised credit scheme for first-time home buyers have concluded, and the programme has been finalised on Wednesday.
He noted that plans are that the Home Start credit can be combined with the public service workers' housing subsidy.

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Government eases conditions of HUF 156bn credit scheme for SMEs
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Budapest Times
19 hours ago
- Budapest Times
Annual housing subsidy of HUF 1m for public service workers is on its way
Teachers, police officers, soldiers, nurses, doctors and other civil servants will be able to spend the subsidy on home loan repayments or on paying the down payment on a new home loan. Prime Minister Viktor Orbán said that an annual housing subsidy of HUF 1m for public service workers is on its way. Teachers, police officers, soldiers, nurses, doctors and other civil servants will be able to spend the subsidy on home loan repayments or on paying the down payment on a new home loan. The prime minister said on social media that they will continue working out the details on Wednesday afternoon, and he hopes they will decide on the matter in August. PM Orbán said public consultations on the Home Start subsidised credit scheme for first-time home buyers have concluded, and the programme has been finalised on Wednesday. He noted that plans are that the Home Start credit can be combined with the public service workers' housing subsidy.


Budapest Times
19 hours ago
- Budapest Times
Orbán: My home is my castle – that is freedom, that is security
In his regular interview on Kossuth Radio, Prime Minister Viktor Orbán emphasized the government's renewed push for homeownership and strategic autonomy, while strongly criticizing a recent EU-U.S. trade deal he called economically and politically disastrous. The conversation moved through domestic reforms, international challenges, and Hungary's concrete steps to shield its economy and citizens. Opening the interview, PM Orbán addressed the new Home Start Program, which offers a 3 percent fixed-rate housing loan for first-time homebuyers. He framed the initiative as a national response to global uncertainty. 'There's upheaval in the world—from Covid to war to technological change—and in such times, the greatest anchor in life is a home, the place where your family lives,' he said. Contrasting European housing philosophies, he said Hungarians view property differently. 'In some countries, renting is enough. But Hungarians think a home should be one's own. My home is my castle. That is freedom, that is security,' the prime minister explained. He characterized homeownership as a foundation for family life and personal dignity: 'You're not a 'vagrant' if you own a home.' The conversation then turned to Europe's position on the global stage, with PM Orbán launching a scathing critique of the European Commission's recent tariff agreement with the United States. He said the Commission, led by Ursula von der Leyen, made unauthorized commitments that fall outside its jurisdiction, such as promises to increase EU energy imports from the U.S. and invest hundreds of billions of euros overseas. 'Brussels doesn't buy a single cubic meter of gas, member states do,' he stressed. 'I did not authorize her to make such a deal, and I don't believe other prime ministers did either.' He added that the agreement includes secret clauses, including financial obligations for Ukraine's armament, without EU-wide consent: 'Nobody asked me if we want that.' Calling the deal 'an economic own goal,' PM Orbán highlighted the potential impact on Hungarian exports. He estimated that the new 15 percent U.S. tariff could affect around $11 billion worth of goods flowing from Hungary to the U.S., either directly or indirectly, amounting to $1.5 billion in losses. In response, the government is developing two action plans: one to protect industrial production and another to secure jobs. 'We must prevent companies in Hungary from reacting with layoffs or closures. If they do, we must be ready to step in immediately,' he said. Ministers Péter Szijjártó and Márton Nagy have been authorized to begin talks with major exporters and the Chamber of Commerce to coordinate next steps, the prime minister added. While the interviewer noted how EU leaders were recently snubbed in China, PM Orbán attributed such diplomatic embarrassments to European weakness. 'We're loud, we lecture others, but when it comes to negotiations, we show no strength or skill. It's the worst possible combination,' he remarked. Concluding the interview, Prime Minister Orbán expressed deep dissatisfaction with the current EU leadership. 'This is a fiasco. They should pack up, thank everyone for the trust, and go home.'