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Hungary: Financial aid for enterprises in form of loan guarantees and soft loans (COVID-19)

Description

On 29 April 2020, the European Commission approved Hungary's EUR 903 million (approx. USD 980.2 million) aid scheme for enterprises affected by the COVID-19 pandemic. One of the measures of this schem...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

29 Apr 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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