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Spain: Introduction of financial grant scheme to support energy-intensive businesses with rising gas prices

Description

On 24 April 2023, the European Commission approved a EUR 450 million (USD 496 million) direct grant scheme from Spain. The measure supports energy-intensive businesses from various industrial sectors ...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

24 Apr 2023

Revocation date

31 Dec 2023

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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Harmful Trade Policy Measures

This Thread tracks harmful trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.

Published: 04 Sep 2024

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