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Global Trade Alert

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Spain: EUR 30 million financial support to ABBA Hoteles S.A. (COVID-19)

Description

On 26 April 2022, the Spanish government published an agreement approving a EUR 17.8 million (USD 19 million) participative loan in favour of ABBA Hoteles S.A. The beneficiary is a Barcelona-based com...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

26 Apr 2022

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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