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Hungary: HUF 100 billion loan guarantee scheme to support SMEs (COVID-19)

Description

On 29 January 2021, the European Commission approved a HUF 100 billion (USD 308 million) loan guarantee scheme from Hungary. The scheme is called "Crisis Rural Guarantee Programme" and supports small ...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

07 May 2020

Revocation date

31 Dec 2020

Implementation level

NFI

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

SMEs

Affected Trading Partners

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