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Tag: hungarian

State aid: EU Commission approves modified €288 million Hungarian scheme to support companies affected by coronavirus outbreak

The European Commission has found the modification of a previously approved Hungarian scheme to support the Hungarian economy in the context of the coronavirus outbreak to be in line with EU State aid rules, in particular with the State aid Temporary Framework adopted by the Commission on 19 March 2020, as amended on 3 April […]

State aid: EU Commission approves €155 million Hungarian “umbrella” direct grant scheme

….to support the economy in the coronavirus outbreak The European Commission has approved a HUF 54 billion (approximately €155 million) “umbrella” scheme to support companies affected by the coronavirus outbreak. The “umbrella” scheme was approved under the State aid Temporary Framework adopted by the Commission on 19 March 2020, as amended on 3 April 2020 […]

State aid: EU Commission approves a €60 million Hungarian direct grants scheme to support micro, small and medium-sized companies affected by the coronavirus outbreak

The European Commission has approved an approximately €60 million (HUF 21 billion) Hungarian scheme to support micro, small and medium sized enterprises (“SMEs”) affected by the coronavirus outbreak. The scheme was approved under the State aid Temporary Framework adopted by the Commission on 19 March 2020, as amended on 3 April 2020 and 8 May […]

State aid: EU Commission approves €900 million Hungarian schemes to support companies affected by coronavirus outbreak

The European Commission has approved three Hungarian aid measures, with a total budget of around € 900 million, to support the Hungarian economy in the context of the coronavirus outbreak. The schemes were approved under the State aid Temporary Framework adopted by the Commission on 19 March 2020, as amended on 3 April 2020. Executive […]

State aid: EU Commission approves €88 million Hungarian aid scheme supporting researchers and developers in all sectors affected by coronavirus outbreak

The European Commission has approved a HUF 31.5 billion (approximately €88 million) Hungarian wage subsidies support scheme for researchers and developers active in all sectors affected by the coronavirus outbreak. The scheme was approved under the State aid Temporary Framework adopted by the Commission on 19 March 2020, as amended on 3 April 2020. Executive […]

State aid: EU Commission approves €1 billion Hungarian aid scheme to support companies affected by the coronavirus outbreak

The European Commission has approved a HUF 350 billion (approximately €1 billion) scheme to support the Hungarian economy in the context of the coronavirus outbreak. The support measures available under the scheme will be financed by the EU structural funds. The scheme was approved under the State aid Temporary Framework adopted by the Commission on […]

State aid: EU Commission approves €1 billion Hungarian aid scheme to support companies affected by the coronavirus outbreak

The European Commission has approved a HUF 350 billion (approximately €1 billion) scheme to support the Hungarian economy in the context of the coronavirus outbreak. The support measures available under the scheme will be financed by the EU structural funds. The scheme was approved under the State aid Temporary Framework adopted by the Commission on […]

State aid: EU Commission approves €140 million Hungarian scheme to support economy in coronavirus outbreak

The European Commission has approved a HUF 50 000 million (approximately €140 million) Hungarian aid scheme to support the Hungarian economy in the context of the coronavirus outbreak. The scheme was approved under the State aid Temporary Framework adopted by the Commission on 19 March 2020, as amended on 3 April 2020. The scheme will […]