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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. The Hungarian scheme is an application of the amendment to the European Commission's Temporary framework for state aid measures to support access to finance in the current financial and economic crisis, which introduced the possibility of granting limited amounts of aid to primary agricultural producers.
The Hungarian scheme is open to farmers in all sub-sectors of primary agricultural production, provided they were not already in difficulty on 1 July 2008 (i.e. before the beginning of the crisis). It is limited in time until 31 December 2010 and complements other crisis measures already put in place by Hungary in application of the Temporary Crisis Framework.
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