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Govt endorses First Car Program

The government approved on Wednesday the emergency ordinance concerning the program dedicated to the stimulation of new cars’ purchase, the Executive’s press office informed.

PM Victor Ponta stated last week that the aforementioned program is to be launched on November 1st and has three major goals: to support mainly the youngsters who aim at buying a car, to endorse the purchase of nonpolluting cars and to encourage, as much as the European legislation permits, the internal production.

The Romanian state will guarantee half the value of a credit toting up to RON 50.000, VTA excluded, which can be accessed by any individual, especially young people aged between 18 and 35, in order to buy a new car.

About Andreea Andreescu