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

0 in force

Implementation date

09 Dec 2022

Revocation date:

No revocation date

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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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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Capital injection and equity stakes (including bailouts)

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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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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Loan guarantee

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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