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Description
On 22 July 2022, the Spanish government approved a EUR 11.99 million (USD 12.2 million) bailout in favour of Balenciaga, a Spanish luxury fashion company. The operation was approved under the recapita...
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Intervention Details
Intervention Type
Capital injection and equity stakes (including bailouts)
MAST Chapter
L: Subsidies (excl. export subsidies)
Implementation date
22 Jul 2022
Revocation date
No revocation date
Implementation level
NFI
Affected flow
Inward
Announced as temporary
No
Eligible firms
firm-specific
Affected Trading Partners
Table
Affected Sectors
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Affected Products
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