Announcement
20 Jun 2022
In June 2022, the European Commission approved a Hungarian state aid scheme to support companies in the context of Russia's invasion of Ukraine.
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Number of interventions
4
4 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
20 Jun 2022
Revocation date:
30 Aug 2022
Removed: 31 Dec 2022
State loan
On 20 June 2022, the European Commission approved a EUR 387 million (USD 407 million) state loan scheme from Hungary. Companies of all sizes and from all sectors (except the financial sector) can be e...
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Removed: 31 Dec 2022
Equity stake
On 20 June 2022, the European Commission approved a EUR 753 million (USD 793 million) equity scheme from Hungary. Companies of all sizes and from all sectors (except the financial sector) can be eligi...
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Removed: 31 Dec 2022
Tax or social insurance relief
On 20 June 2022, the European Commission approved a EUR 753 million (USD 793 million) tax reduction scheme from Hungary. Companies of all sizes and from all sectors (except the financial sector) can b...
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Removed: 31 Dec 2022
Financial grant
On 20 June 2022, the European Commission approved a EUR 753 million (USD 793 million) financial grant scheme from Hungary. The aid will take the form of, amongst other things, financial grants. Compan...
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Related State Acts
Removed: 31 Dec 2023
Hungary: State aid support scheme in form of guarantees and subsidised loans
Removed: 31 Dec 2022
Hungary: Budget increase of umbrella scheme to support companies in the context of the Russian invasion of Ukraine
Announced: 24 Mar 2022
EU: Commission adopts state aid Temporary Crisis Framework to provide financial support in the context of the Russian invasion of Ukraine (extended until 2023)
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Harmful Trade Policy Measures
This Thread tracks harmful trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.
Published: 04 Sep 2024
70619
interventions
194
jurisdictions