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.

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

20 Nov 2020

Revocation date:

30 Jun 2021

Updated: 20 Nov 2020

Capital injection and equity stakes (including bailouts)

<p>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 size...

Related State Acts

19 Mar 2020

EU: Commission adopts state aid Temporary Framework to allow financial support schemes due to COVID-19 (extended until June 2022)

Threads

See all

This state act is not part of any Thread yet.