Global Trade Alert
Global Trade Alert

Hungary: Prolongation and modification of the Hungarian bank support scheme

Announcement

15 Jun 2009

In June 2009, 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

0 in force

Implementation date

18 Feb 2009

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts)

On 15 June 2009 Hungary notified a request to prolong and modify its guarantee and recapitalization scheme ("the Original Scheme") for banks in Hungary. (State aid N 355/2009). The Original Scheme, ...

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