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Hungary: EUR 1.55 billion loan guarantee scheme to support the economy in the current COVID-19 outbreak

Description

On 28 April 2020, the European Commission approved a EUR 140 million (USD 151 million) loan guarantee scheme. It will support any company from any sector (with the exception of the financial, weapons,...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

28 Apr 2020

Revocation date

31 Dec 2020

Implementation level

NFI

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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