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Spain: EUR 241 million financial support to Grupo Hoteles Turísticos Unidos S.A.

Description

On 5 October 2021, the Spanish government published an agreement approving a EUR 51 million (USD 59.2 million) ordinary state loan in favour of Grupo Hoteles Turísticos Unidos S.A. (Grupo Hotusa). The...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

05 Oct 2021

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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