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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

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Affected Sectors

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Affected Products

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