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Hungary: EUR 280 million direct grant scheme to support the tourism sector (COVID-19)

Description

On 29 March 2022, the European Commission approved a EUR 280 million (USD 311 million) direct grant scheme. It will support tour operators, accommodation for visitors, as well as food and beverage ser...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

29 Mar 2022

Revocation date

31 Dec 2023

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Sectors

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Affected Products

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