Announcement
29 Apr 2020
In April 2020, the European Commission approved Hungary's state aid scheme consisting of grants, guarantees and soft loans.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
29 Apr 2020
Revocation date:
30 Jul 2020
Updated: 29 Apr 2020
State loan
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...
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Implementation date
29 Apr 2020
Revocation date:
30 Jun 2021
Updated: 29 Apr 2020
Loan guarantee
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...
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Related State Acts
09 Dec 2020
Hungary: Extension of aid scheme consisting of loan guarantees and state loans (COVID-19)
30 Jul 2020
Hungary: Extension and prolongation of financial aid scheme for enterprises (CVOID-19)
19 Mar 2020
EU: Commission adopts state aid Temporary Framework to allow financial support schemes due to COVID-19 (extended until June 2022)
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