Global Trade Alert
Global Trade Alert

Hungary: Amended state aid measures to provide aid to undertakings affected by the Russian invasion of Ukraine

Announcement

09 Mar 2023

In March 2023, the European Commission approved the amendment of two existing Hungarian state aid schemes with a combined budget increase of EUR 6.18 billion (USD 6.5 billion).

Source

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Number of interventions

5

5 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

09 Mar 2023

Revocation date:

31 Dec 2023

Announced: 09 Mar 2023
State loan
On 9 March 2023, the European Commission approved the amendment of a Hungarian state aid loan program with subsidised interest rates. The temporary measure is open to all sectors, except the financial...
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Implementation date

09 Mar 2023

Revocation date:

12 Jun 2023

Removed: 31 Dec 2023
State loan
On 9 March 2023, 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 fi...
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Removed: 31 Dec 2023
Equity stake
On 9 March 2023, 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 fi...
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Removed: 31 Dec 2023
Tax or social insurance relief
On 9 March 2023, 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 fi...
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Removed: 31 Dec 2023
Financial grant
On 9 March 2023, 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 fi...
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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