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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

Tax or social insurance relief

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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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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