AA

Commission Approves €23.5 Million Hungarian Wage Subsidy Scheme to Support Aviation Sector

2020. július 09.

EUReporter

The European Commission has approved a HUF 8 billion (approximately €23.5 million) Hungarian wage subsidy scheme to support the aviation sector, which has been heavily affected by the coronavirus outbreak. The measure was approved under the State aid Temporary Framework. The public support will take the form of exemptions (amounting to up to 23% of the monthly gross salary paid to the employees) from the employers’ obligation to pay social security, vocational training and rehabilitation contributions. More...