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Spain: Commission approves EUR 10 billion National Guarantee Scheme to support companies in the context of the Russian invasion of Ukraine

Description

On 2 June 2022, the European Commission approved a EUR 10 billion (USD 10.7 billion) guarantee scheme from Spain. The scheme aims to support self-employed individuals and companies active in all econo...

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Intervention Details

Intervention Type

Loan guarantee

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

02 Jun 2022

Revocation date

31 Dec 2024

Implementation level

NFI

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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