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Image header Agence Europe
Europe Daily Bulletin No. 9943
Contents Publication in full By article 25 / 34
GENERAL NEWS / (eu) eu/state aid

Commission gives go-ahead to Hungarian mortgage aid

Brussels, 15/07/2009 (Agence Europe) - On Monday 13 July, the European Commission authorised the Hungarian Mortgage Support Scheme which is aimed at helping homeowners affected by the current economic downturn. The social character of the aid and the non-discriminatory way it is provided were the keys to approval, the Commission said in a press release, issued on the same day. Under the scheme, the Hungarian state would guarantee “bridging loans” which cover part of the monthly...

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