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Image header Agence Europe
Europe Daily Bulletin No. 11827
ECONOMY - FINANCE - BUSINESS / State aid

Hungarian support regime to renewable electricity approved

On Tuesday 11 July, the European Commission approved a Hungarian aid regime in support of electricity produced from renewable sources.

This measure takes the form of financial support for producers of renewable electricity. The regime, with a maximum annual budget in the region of €146 million, provides two options for public support, depending on the size of the installation. It will be paid for out of the renewable energies tax, already in force in the country.

Small installations (with...

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