Global Trade Alert
Global Trade Alert

Hungary: State aid scheme to support companies facing increased energy costs following the Russian invasion of Ukraine

Announcement

13 Apr 2023

In April 2023, the European Commission approved a Hungarian state loan and guarantee scheme totalling about HUF 397 billion (USD 1.1 billion) to help companies struggling with increased energy prices following the Russian invasion fo Ukraine.

Source

Sign in to access

Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

13 Apr 2023

Revocation date:

30 Jun 2024

Updated: 13 Apr 2023
Loan guarantee

On 13 April 2023, the European Commission approved a Hungarian loan guarantee measure to support companies facing increased energy prices following the Russian invasion of Ukraine. The total a...

Sign in to see more
Updated: 13 Apr 2023
State loan

On 13 April 2023, the European Commission approved a Hungarian state loan scheme to support companies facing increased energy prices following the Russian invasion of Ukraine. T...

Sign in to see more

Threads

See all

This state act is not part of any Thread yet.