Global Trade Alert
Global Trade Alert

Hungary: Introduction of HUF 35 billion scheme to support agri-food, aquaculture and forestry undertakings

Announcement

19 May 2020

In May 2020, the European Commission approved a state aid scheme from Hungary to support undertakings operating in the sectors of primary agricultural production, food industry, fisheries and aquaculture, forestry, and game/wildlife management.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

19 May 2020

Revocation date:

No revocation date

Financial grant

On 19 May 2020, the European Commission approved a HUF 35 billion (USD 117 million) financial grant scheme from Hungary. It will support any Hungarian company of any size operating in the sectors of p...

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