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
Updated: 20 Jun 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 financia...
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Updated: 20 Jun 2022
Capital injection and equity stakes (including bailouts)
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 (exc...
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Updated: 20 Jun 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 secto...
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Updated: 20 Jun 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 ...
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Related State Acts
26 Oct 2022
Hungary: State aid support scheme in form of guarantees and subsidised loans
31 Aug 2022
Hungary: Budget increase of umbrella scheme to support companies in the context of the Russian invasion of Ukraine
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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