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Spain: Recapitalisation scheme to support companies in the Basque Country during the COVID-19 pandemic

Description

On 27 April 2022, the European Commission approved a EUR 30 million (USD 31.6 million) recapitalisation scheme of the Spanish region of Basque Country. The scheme will provide support in the form of h...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

27 Apr 2022

Revocation date

30 Jun 2022

Implementation level

Subnational

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Products

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