Cheaper loans for small and medium enterprises

Government will allow small and medium-sized businesses to obtain government guarantees 25 percent cheaper, if they do not exceed the amount of credit last year's personal efforts.

New chapters have been added to the government’s to the Hungarian EU aid rules under the name: ‘Temporary assistance provided in relation to the Financial crisis’. It supports export-related activities of the Member States to third countries. The Temporary assistance can be used by those companies which is not considered as a  company in difficult situation before 1 July 2008. Among temporary assistances – for the current amendment – as a part of the state guarantees, that the loan covers 90 per cent – reports ProfitLine.hu.