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SA.57121 ( 2020/N ) COVID-19: Exceptional Liquidity Guarantee Programs by Garantiqa Zrt and the Hungarian Development Bank

Member state: Hungary
Primary objective(s): 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 / registration date: 22.04.2020
Legislative sector: Competition DG
Expenditures (in millions) : 2020 : HUF 58738.09
2019 : HUF 0
2018 : HUF 0
2017 : HUF 0
2016 : HUF 0
2015 : HUF 0
Related cases: SA.61842
 
Decisions
28.04.2020 Decision not to raise objections
( 2020/N )
 
Decision text(s) 29.04.2020 pdf Letter to the Member State - authentic language en
 
Press release   IP/20/771
 
Publication in Official Journal 08.05.2020 JOCE C/158/2020
 

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