Global Trade Alert
Global Trade Alert

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

Announcement

16 Apr 2021

In April 2021, the European Commission approved the Hungarian umbrella scheme to support the economy in the COVID-19 outbreak through direct grants and support for uncovered fixed costs. 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

16 Apr 2021

Revocation date:

No revocation date

Financial grant

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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