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Global Trade Alert

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Spain: EUR 1.1 billion to support equipment needed for the transition towards a net-zero economy

Description

On 28 November 2023, the European Commission approved a EUR 1.1 (USD 1.2) billion financial grant measure from Spain. The aid will support companies manufacturing equipment that is necessary for the t...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

28 Nov 2023

Revocation date

31 Dec 2025

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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