Global Trade Alert
Global Trade Alert

Back to state act

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) capital injection scheme from Hungary. It will support any company from any sector that has suffered a decline in t...

Sign in to see full description

Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

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

Graph

Table

Affected Sectors

Sign in to access 0 sectors

Affected Products

Sign in to access 0 products

Threads

See all

This intervention is not part of any Thread yet.