Global Trade Alert
Global Trade Alert

Hungary: HUF 50 billion scheme to support the country's venture capital funds

Announcement

20 Nov 2020

In November 2020, the European Commission approved a capital injection scheme from Hungary to support the creditworthiness of venture capital funds in the context of Covid-19.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

20 Nov 2020

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts)

On 20 November 2020, the European Commission approved a HUF 50 billion (USD 164 million) equity injection scheme from Hungary to compensate undertakings of all sizes and all sectors, with the exceptio...

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