Global Trade Alert
Global Trade Alert

Hungary: Liquidity scheme for banks

Announcement

23 Sep 2009

In September 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

01 Dec 2009

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts)

On 23 September 2009the Hungarian authorities formally notified the liquidity scheme on 9 November 2009 under Article 107(3)(b) TFEU. In response to the ongoing exceptional turbulence on the financi...

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