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Spain: EUR 250 million financial grant scheme to support certain gas-intensive companies in the context of the Russian invasion of Ukraine

Description

On 10 May 2022, the European Commission approved a EUR 125 million (USD 131.6 million) financial grant scheme from Spain to support certain gas-intensive sectors in the context of higher energy prices...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

10 May 2022

Revocation date

31 Dec 2022

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

Graph

Table

Affected Sectors

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Affected Products

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