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

0 in force

Implementation date

13 Apr 2023

Revocation date:

No revocation date

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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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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