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Description
On 21 December 2021, the EU approved a EUR 2.55 billion (approx. USD 2.87 billion) rescue equity measure from Portugal in favor of Transportes Aéreos Portugueses (TAP Air), in order to fund a restruct...
Intervention Details
Intervention Type
Capital injection and equity stakes (including bailouts)
MAST Chapter
L: Subsidies (excl. export subsidies)
Implementation date
21 Dec 2021
Revocation date
No revocation date
Implementation level
National
Affected flow
Inward
Announced as temporary
No
Eligible firms
firm-specific
Affected Sectors
Affected Products
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