State aid: Commission authorises €231 million Hungarian film support scheme
The European Commission has approved, under EC Treaty state aid rules, a €231 million Hungarian film support scheme, which will run until 31 December 2013. The six-year scheme covers all Hungary's film support measures, including the Hungarian film tax incentive. It is designed to promote the development of film culture in Hungary.
The Commission found that the scheme is compatible with the cultural derogation of the EC Treaty, in line with the 2001 Cinema Communication rules concerning aid to film production. The Hungarian authorities will implement any changes that may be required after the expiry of the Cinema Communication.
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