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Hungary: EUR 1 billion state aid scheme to overcome the economic consequences of the Covid-19 pandemic

Description

On 17 April 2020, the European Commission approved a EUR 1 billion (USD 1.1 billion) financial grant scheme from Hungary. It will support any company from any sector that has suffered a decline in tur...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

17 Apr 2020

Revocation date

31 Dec 2020

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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Harmful Trade Policy Measures

This Thread tracks harmful trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.

Published: 04 Sep 2024

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