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Spain: First umbrella scheme to support the economy for a preliminary budget of EUR 3.65 billion (COVID-19)

Description

On 2 April 2020, the EU approved a Spanish state aid measure, an umbrella scheme to support its economy in the context of the COVID-19 pandemic for a preliminary amount of EUR 3.65 billion (approx. US...

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Intervention Details

Intervention Type

Financial grant

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

02 Apr 2020

Revocation date

23 Mar 2021

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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