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Hungary: EUR 88 million wage subsidy scheme for maintaining R&D activities in the context of the Covid-19 pandemic

Description

On 17 April 2020, the European Commission approved a EUR 88 million (USD 95 million) financial grant scheme from Hungary. It will support any company from any sector that employs researchers and devel...

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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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