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
Removed: 31 Dec 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 measures of this schem...
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Implementation date
29 Apr 2020
Revocation date:
30 Jun 2021
End prolongation: 30 Jun 2021
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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Related State Acts
Announced: 09 Dec 2020
Hungary: Extension of aid scheme consisting of loan guarantees and state loans (COVID-19)
End prolongation: 30 Jun 2021
Hungary: Extension and prolongation of financial aid scheme for enterprises (CVOID-19)
Announced: 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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Harmful Trade Policy Measures
This Thread tracks harmful trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.
Published: 04 Sep 2024
70619
interventions
194
jurisdictions