Global Trade Alert
Global Trade Alert

Spain: Further EUR 40 billion injected to guarantee schemes (COVID-19)

Announcement

05 Aug 2020

In August 2020, the European Commission approved an amendment to the Spanish aid measure consisting of two loan guarantee schemes (see related state act) for the additional amount of EUR 40 billion (around USD 47.5 billion).

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

05 Aug 2020

Revocation date:

31 Dec 2020

Updated: 05 Aug 2020
Loan guarantee
<p>On 05 August 2020, the EU approved an amendment to the Spanish aid measure (see related state act) for a total budget increase of EUR 40 billion (approx. USD 47.5 billion).</p> <p&g...
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