Global Trade Alert
Global Trade Alert

Hungary: Financial aid for enterprises in form of loan guarantees and soft loans (COVID-19)

Announcement

29 Apr 2020

In April 2020, the European Commission approved Hungary's state aid scheme consisting of grants, guarantees and soft loans.  

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

29 Apr 2020

Revocation date:

No revocation date

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 measures of this schem...

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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 measures of this schem...

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