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Global Trade Alert

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Hungary: Umbrella scheme to mitigate negative economic effects in tourism sector (COVID-19)

Description

On 16 April 2021, the European Commission approved Hungary's umbrella scheme for enterprises primarily active in the tourism sector affected by the COVID-19 pandemic. Hungary has indicated an overall ...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

16 Apr 2021

Revocation date

31 Dec 2021

Implementation level

National

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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