Global Trade Alert
Global Trade Alert

Hungary: EUR 1.55 billion loan guarantee scheme to support the economy in the current COVID-19 outbreak

Announcement

28 Apr 2020

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

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

28 Apr 2020

Revocation date:

No revocation date

Loan guarantee

On 28 April 2020, the European Commission approved a EUR 1.4 billion (USD 1.5 billion) loan guarantee scheme. It will support any company from any sector (with the exception of the financial, weapons,...

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Loan guarantee

On 28 April 2020, the European Commission approved a EUR 140 million (USD 151 million) loan guarantee scheme. It will support any company from any sector (with the exception of the financial, weapons,...

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