EU Grants HUF 22-Billion to Hungarian Businesses

By: The Quinnipiac University Economics Research Team, Nicholas Ciampanelli

In response to the United Kingdom leaving the European Union (EU), also known as Brexit, the EU will provide 22-Billion Forints (HUF) of relief funds to Hungarian businesses affected by the change. These funds will be allocated to companies struggling as a consequence of Brexit for the next four years. Applications for businesses to request this funding will open in mid-September and close by the end of 2021.

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