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Spain: Extension and EUR 10 billion budget increase of umbrella scheme (COVID-19)

Description

On 23 March 2021, the European Commission approved a Spanish state measure that increases the budget and extends the First Umbrella scheme to support the economy in the context of the COVID-19 pandemi...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

23 Mar 2021

Revocation date

18 May 2021

Implementation level

National

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Products

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