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Spain: Government announces new support measures for companies in the context of the COVID-10 pandemic

Description

On 13 March 2021, the Spanish government approved Royal Decree-Law 5/2021 which establishes a EUR 1 billion (approx. USD 1.2 billion) recapitalization fund for companies affected by Covid. The fund pr...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

13 Mar 2021

Revocation date

31 Dec 2021

Implementation level

NFI

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

all

Affected Trading Partners

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Affected Products

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