First House program pre-contracts accepted until
February 15, Govt decides
The Romanian state will pledge the guarantees for house sale contracts under the First House programs which will register pre-contracts by February 15, according to prime minister Emil Boc. The program will be modified after that so that it will include the sale of new housing as well. This could give a much needed boost to the new residential market in Romania, which has seen stalling sales last year, as the current form of the First House programs only covers old apartments.
Source: Business Review, 7.01.2010
http://www.business-review.ro/news/first-house-program-pre-contracts-accepted-until-february-15-govt-decides/8588/
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