Hungary’s parliament approves workers’ credit and short-term rental permits in Budapest

On Monday, Hungarian MEPs voted on workers’ credit and short-term rental permits in Budapest.

Lawmakers approve workers’ credit

MPs approved legislation on Monday on the rollout of state-subsidised credit for young Hungarian blue-collar workers in parliament.

The legislation was cleared with a vote of 152 for, 8 against, and 17 abstentions.

The free-purpose credit, backed by a state guarantee, will be available to working Hungarians between the ages of 17 and 26 who are ineligible for student loans. Details of the credit will be issued in a government decree.

Parliament votes for a two-year moratorium on the issue of short-term rental licences in capital

Lawmakers voted in parliament on Monday for a two-year moratorium on the issue of licences for short-term rentals in the capital.

The measure was approved with 131 votes for, 27 against, and 19 abstentions. The moratorium starts on January 1, 2025.

As we wrote earlier, Airbnb has addressed an open letter to Hungarian Economy Minister Márton Nagy, urging recognition of home-sharing’s economic benefits amid a government plan to pause new Airbnb permits in Budapest for two years, details HERE.

read also – Renting in Hungary: These are the most important things you should know as a foreigner

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