Announcement
11 Jul 2022
In July 2022, the European Commission approved a Hungarian loan guarantee scheme to support SMEs from all sectors in the context of the Russian invasion of Ukraine. The scheme was approved under the state aid Temporary Crisis Framework.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
0 in force
Implementation date
11 Jul 2022
Revocation date:
No revocation date
Loan guarantee
On 11 July 2022, the European Commission approved a HUF 200 billion (USD 492.4 million) loan guarantee scheme in Hungary. The aid will support Hungarian SMEs from all sectors in dealing with economic ...
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