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

Implementation date

17 Apr 2020

Revocation date:

31 Dec 2020

Announced: 17 Apr 2020
Equity stake
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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Announced: 17 Apr 2020
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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Announced: 17 Apr 2020
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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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