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STATE AID: COMMISSION APPROVES €2 BILLION HUNGARIAN INVESTMENT SUPPORT SCHEME TOWARDS A SUSTAINABLE RECOVERY

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Published on: 02-03-2022 Back


 The European Commission has approved a €2 billion Hungarian scheme aimed at providing investment
 support towards a sustainable recovery. The scheme was approved under the State aid Temporary
 Framework.

 
 Under this measure, the aid will take the form of subsidised interest rate loans for small, medium and
 large enterprises to finance sustainable investments in tangible and intangible assets, in line with EU
 and national environmental objectives.

 The measure will be open to companies of all sectors, with the exception of credit and financial
 institutions, companies active in the real estate sector and companies performing certain activities
 considered as potentially harmful to the environment such as exploration, production or use of fossil
                                                                   fuels for energy production, destruction of forests or endangerment of biodiversity.

                                                                   For more info click here
 
 
 
 
 
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