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European Commission Approves Hungarian Scheme to Support SMEs Affected by COVID-19 Outbreak

|Approved Changes|Hungary-European Union
Hungary-European Union

The European Commission has announced its approval on 1 February 2021 of a Hungarian scheme to support SMEs affected by the COVID-19 outbreak, including a reduction in the local business tax rate and reduced advance payments.

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State aid: Commission approves €586 million Hungarian scheme to support small and medium-sized enterprises affected by coronavirus outbreak

The European Commission has approved an approximately €586 million (HUF 214 billion) Hungarian scheme to support small and …

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