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Hungary: HUF 50 billion scheme to support the country's venture capital funds

Description

On 20 November 2020, the European Commission approved a HUF 50 billion (USD 164 million) equity injection scheme from Hungary to compensate undertakings of all sizes and all sectors, with the exceptio...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

20 Nov 2020

Revocation date

30 Jun 2021

Implementation level

NFI

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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