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Europe Daily Bulletin No. 9891

29 April 2009
Contents Publication in full By article 33 / 42
GENERAL NEWS / (eu) eu/state aid
Go-ahead for temporary Hungarian scheme for subsidised state guarantees to boost real economy

Brussels, 28/04/2009 (Agence Europe) - On Monday 27 April, the European Commission authorised a state aid 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 concluded by 31 December 2010. In a press release, the Commission explained that the scheme meets the...

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