EC temporarily authorises Hungary to grant limited amounts of aid of up to €15,000 to farmers

The European Commission has authorised under State aid rules a Hungarian scheme worth some EUR 18.2 million (HUF 5000 million) aimed at supporting farmers who encounter difficulties as a result of the current economic crisis. Aid under this new scheme can be granted until 31 December 2010 and will take the form of direct grants, soft loans, interest subsidies and guarantees.