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.

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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

Prolonged: 01 Jan 2024
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 amount of...
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Prolonged: 01 Jan 2024
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. The total amount of aid ...
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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