Global Trade Alert
Global Trade Alert

Hungary: HUF 100 billion loan guarantee scheme to support SMEs (COVID-19)

Announcement

07 May 2020

In May 2020, the European Commission approved a loan guarantee scheme from Hungary to support SMEs 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

07 May 2020

Revocation date:

No revocation date

Loan guarantee

On 29 January 2021, the European Commission approved a HUF 100 billion (USD 308 million) loan guarantee scheme from Hungary. The scheme is called "Crisis Rural Guarantee Programme" and supports small ...

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