Global Trade Alert
Global Trade Alert

Hungary: Amendments to state aid measures to support the economy following the Russian invasion of Ukraine

Announcement

09 Dec 2022

In December 2022, the European Commission approved several modifications to previously adopted Hungarian support schemes in the context of the economic crisis. Two schemes also received additional budgets for the extension.

Source

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Number of interventions

5

0 certainly harmful

0 likely harmful

5 liberalising

List of interventions

Implementation date

09 Dec 2022

Revocation date:

31 Dec 2023

Announced: 09 Dec 2022
State loan
On 9 December 2022, the European Commission approved Hungary's amendments to its loan guarantee “Krízis 2 (Crisis 2)” scheme to support companies in the context of the Russian invasion of Ukraine. The...
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Implementation date

09 Dec 2022

Revocation date:

08 Mar 2023

Removed: 31 Dec 2023
State loan
On 9 December 2022, the European Commission approved Hungary’s amendments to its state loan umbrella scheme to support companies in the context of the Russian invasion of Ukraine. The measure was firs...
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Removed: 31 Dec 2023
Equity stake
On 9 December 2022, the European Commission approved Hungary’s amendments to its equity umbrella scheme to support companies in the context of the Russian invasion of Ukraine. The measure was first ap...
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Removed: 31 Dec 2023
Tax or social insurance relief
On 9 December 2022, the European Commission approved Hungary’s amendments to its tax reductions umbrella scheme to support companies in the context of the Russian invasion of Ukraine. The measure was ...
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Removed: 31 Dec 2023
Financial grant
On 9 December 2022, the European Commission approved Hungary’s amendments to its financial grant umbrella scheme to support companies in the context of the Russian invasion of Ukraine. The measure was...
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Threads

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Liberalising Trade Policy Measures

This Thread tracks liberalising 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

14450

interventions

186

jurisdictions