Due to the current economic crisis, the European Commission (Commission) has approved a Hungarian temporary aid scheme aimed at helping homeowners repay their mortgages. The Hungarian Government will guarantee bridging loans for up to two years for homeowners at risk of being unable to service their payments, due to redundancy or other temporary loss of income. The scheme is only open to mortgages entered into before 30 June 2009, and will close on 30 June 2010. The main beneficiaries of the scheme are homeowners, but the measure would be State aid, as it indirectly supports banks participating in the scheme. The Commission allowed the aid under Article 87(2)(a) EC Treaty, as it has a social nature, and is granted to individuals affected by the economic crisis, on a non-discriminatory basis.