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Europe Daily Bulletin No. 9859

12 March 2009
Contents Publication in full By article 20 / 30
GENERAL NEWS / (eu) eu/state aid
Green light to Hungarian scheme allowing subsidised state guarantees to boost real economy

Brussels, 11/03/2009 (Agence Europe) - On Wednesday 11 March, the European Commission authorised a Hungarian scheme aimed at providing relief to companies encountering financing difficulties as a result of the credit squeeze in the current economic crisis. The scheme allows authorities to grant aid in the form of subsidised guarantees for investment and working capital loans and financial leasing concluded by 31 December 2010. The scheme meets the conditions of the Commission's Temporary...

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