Global Trade Alert
Global Trade Alert

Hungary: EUR 88 million wage subsidy scheme for maintaining R&D activities in the context of the Covid-19 pandemic

Announcement

17 Apr 2020

In April 2020, the European Commission approved a financial grant scheme from Hungary to support undertakings undertaking R&D activities in the context of the COVID-19 pandemic.

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Number of interventions

1

1 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 88 million (USD 95 million) financial grant scheme from Hungary. It will support any company from any sector that employs researchers and devel...

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