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Description
On 10 June 2020, the EU approved a EUR 1.2 billion (approx. USD 1.4 billion) Portuguese rescue loan in favor of Transportes Aéreos Portugueses (TAP Air), in order to provide the necessary resources to...
Intervention Details
Intervention Type
Capital injection and equity stakes (including bailouts)
MAST Chapter
L: Subsidies (excl. export subsidies)
Implementation date
10 Jun 2020
Revocation date
20 Dec 2021
Implementation level
National
Affected flow
Inward
Announced as temporary
No
Eligible firms
firm-specific
Affected Sectors
Affected Products
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