Global Trade Alert
Global Trade Alert

Hungary: State aid support scheme in form of guarantees and subsidised loans

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.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

26 Oct 2022

Revocation date:

No revocation date

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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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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