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Spain: New EUR 1 billion recapitalisation fund to continue supporting businesses (COVID-19)

Description

On 19 July 2021, the EU approved a Spanish state aid measure set up a EUR 1 billion (approx. USD 1.2 billion) recapitalisation fund to support companies in financial difficulty given the COVID-19 pand...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

19 Jul 2021

Revocation date

30 Jun 2022

Implementation level

NFI

Affected flow

Inward

Announced as temporary

Yes

Eligible firms

SMEs

Affected Trading Partners

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