Announcement
26 Oct 2022
In October 2022, the European Commission approved a Hungarian state aid measure totalling EUR 1'250 million (USD 1'319 million) of guarantees and subsidised loans under the state aid Temporary Crisis Framework.
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Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
26 Oct 2022
Revocation date:
08 Mar 2023
Removed: 31 Dec 2023
State loan
On 26 October 2022, the European Commission approved a Hungarian state aid measure of EUR 1 billion (USD 1.05 billion) for the loan program with subsidised interest rates. The temporary measure is ope...
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Implementation date
26 Oct 2022
Revocation date:
31 Dec 2023
Prolonged: 01 Jan 2023
Loan guarantee
On 26 October 2022, the European Commission approved a Hungarian state aid measure of EUR 250 million (USD 263 million) of liquidity support in the form of guarantees. The temporary measure is open to...
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Related State Acts
Removed: 31 Dec 2023
Hungary: Amended state aid measures to provide aid to undertakings affected by the Russian invasion of Ukraine
Removed: 31 Dec 2023
Hungary: Amendments to state aid measures to support the economy following the Russian invasion of Ukraine
Removed: 31 Dec 2022
Hungary: EUR 1.14 billion scheme to support companies in context of Russia's 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)
Announced: 09 Dec 2020
Hungary: Extension of aid scheme consisting of loan guarantees and state loans (COVID-19)
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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