Global Trade Alert
Global Trade Alert

Hungary: EUR 1 billion state aid scheme to overcome the economic consequences of the Covid-19 pandemic

Announcement

17 Apr 2020

In April 2020, the European Commission approved a state aid scheme from Hungary to support undertakings from all sectors affected by the economic consequences of the COVID-19 pandemic.

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Number of interventions

3

3 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

17 Apr 2020

Revocation date:

No revocation date

Financial grant

On 17 April 2020, the European Commission approved a EUR 1 billion (USD 1.1 billion) financial grant scheme from Hungary. It will support any company from any sector that has suffered a decline in tur...

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State loan

On 17 April 2020, the European Commission approved a EUR 1 billion (USD 1.1 billion) state loan scheme from Hungary. It will support any company from any sector that has suffered a decline in turnover...

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Capital injection and equity stakes (including bailouts)

On 17 April 2020, the European Commission approved a EUR 1 billion (USD 1.1 billion) capital injection scheme from Hungary. It will support any company from any sector that has suffered a decline in t...

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