Hungary

Hungary

Extends its temporary FDI screening regime

17 Jun 2020

On 17 June 2020, the Act LVIII of 2020 on the temporary measures applicable to the termination of the state of emergency and the preparedness for pandemics was published. It also refers to the foreign investment review mechanisms introduced in Hungary amidst the pandemic. The new law, in principle, extends the application of this regime until 30 June 2021, i.e. for additional 6 months.