Global Trade Alert
Global Trade Alert

Hungary: Support Measures for the banking industry

Announcement

22 Dec 2008

In December 2008, the government of Hungary announced a change in private-sector financial support.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

01 Jan 2009

Revocation date:

31 Jul 2013

Updated: 22 Dec 2008
Capital injection and equity stakes (including bailouts)

On 22 December 2008 Hungary notified a scheme consisting of two measures designed to ensure the stability of the Hungarian financial system. (State Aid N 664/2008)
 
The notified sch...

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