Global Trade Alert
Global Trade Alert

Hungary: Commission approved EUR 226 million for Crisis Agricultural Guarantee Programme

Announcement

17 Jun 2022

In June 2022, the European Commission approved a Hungarian guarantee scheme to support SMEs across sectors. The scheme was adopted under the Temporary Crisis Framework in the context of the Russian invasion of Ukraine.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

17 Jun 2022

Revocation date:

No revocation date

Loan guarantee

On 17 June 2022, the European Commission approved a HUF 90 billion (USD 235.5 million) guarantee scheme in Hungary. The scheme aims to support SMEs across all sectors (except credit and financial inst...

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