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Due to a maintenance of the StateAid publication application, the StateAid cases published after September 16th do not appear yet on the ISEF website.
Sorry for the inconvenience, we are putting all possible efforts to get the situation fixed without delay.

SA.57121 COVID-19: Exceptional Liquidity Guarantee Programs by Garantiqa Zrt and the Hungarian Development Bank

Member State: Hungary
Primary Objective: Remedy for a serious disturbance in the economy
Legal basis primary: Art. 107(3)(b) TFEU - Remedy serious disturbance
Legal basis secondary: Covid-19 - Temporary Framework Covid-19
Aid instrument: Guarantee
Case Type: Scheme
Duration: until 31.12.2020
Notification or Registration Date: 22.04.2020
DG Responsible: Competition DG
Related Cases: SA.61842


Decision on 28.04.2020: Decision not to raise objections
Press release: IP/20/771
Decision Text: Letter to the Member State - authentic language   en  pdf
Published on 29.04.2020
Publication on 08.05.2020: Official Journal: JOCE C/158/2020

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