Announcement
31 Jul 2020
In July 2020, the EU approved a EUR 10 billion Spanish Recapitalisation Fund for strategic enterprises, as a response to the economic crisis originated by the COVID-19 pandemic.
Source
Sign in to access
Number of interventions
2
2 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
31 Jul 2020
Revocation date:
30 Jun 2022
End prolongation: 30 Jun 2022
Equity stake
On 31 July 2020, the EU approved a EUR 10 billion (approx. USD 11.8 billion) Spanish Recapitalisation Fund for strategic enterprises, as a response to the economic crisis originated by the COVID-19 pa...
Sign in to see more
End prolongation: 30 Jun 2022
State loan
On 31 July 2020, the EU approved a EUR 10 billion (approx. USD 11.8 billion) Spanish Recapitalisation Fund for Strategic Enterprises, as a response to the economic crisis originated by the COVID-19 pa...
Sign in to see more
Related State Acts
Announced: 27 Jun 2022
Spain: EUR 269.5 million financial support to Celsa Spain (COVID-19)
Announced: 27 Jun 2022
Spain: EUR 40 million financial support to Vivanta Group (COVID-19)
Announced: 27 Jun 2022
Spain: EUR 40 million financial support to ISASTUR (COVID-19)
Announced: 27 Jun 2022
Spain: EUR 35 million financial support to IMASA (COVID-19)
Announced: 27 Jun 2022
Spain: EUR 31 million financial support to Meeting Point Spain Group (COVID-19)
Announced: 27 Jun 2022
Spain: EUR 25 million financial support to BlueSea (COVID-19)
Announced: 24 Jun 2022
Spain: EUR 280.5 million financial support to Celsa Spain (COVID-19)
Announced: 03 May 2022
Spain: EUR 38 million financial support to Grupo Julià (COVID-19)
Announced: 03 May 2022
Spain: EUR 28 million financial support to Grupo Mediterránea de Catering S.L. (COVID-19)
Announced: 26 Apr 2022
Spain: EUR 30 million financial support to ABBA Hoteles S.A. (COVID-19)
Announced: 26 Apr 2022
Spain: EUR 55 million financial support to Grupo Inversor Hesperia S.A. (COVID-19)
Announced: 18 Feb 2022
Spain: EUR 340 million financial support to Técnicas Reunidas S.A. (COVID-19)
Announced: 18 Feb 2022
Spain: EUR 45 million financial support to Eurodivisas S.A. (COVID-19)
Announced: 18 Feb 2022
Spain: EUR 85 million financial support to Grupo Wamos (COVID-19)
Announced: 18 Feb 2022
Spain: EUR 34.5 million financial support to Grupo Ferroatlántica S.A.U. (COVID-19)
Announced: 25 Jan 2022
Spain: EUR 29.3 million financial support to Grupo Abades (COVID-19)
Announced: 28 Dec 2021
Spain: EUR 30 million financial support to Grupo Soho Boutique Hoteles (COVID-19)
Announced: 21 Dec 2021
Spain: EUR 35 million financial support to Grupo Losán (COVID-19)
Announced: 23 Nov 2021
Spain: EUR 34 million financial support to Grupo Airtificial (COVID-19)
Announced: 23 Nov 2021
Spain: EUR 34 million financial support to Grupo SERHS (COVID-19)
Announced: 23 Nov 2021
Spain: EUR 27 million financial support to Reinosa Forgings & Castings (COVID-19)
Announced: 05 Oct 2021
Spain: EUR 241 million financial support to Grupo Hoteles Turísticos Unidos S.A.
Announced: 07 Sep 2021
Spain: EUR 25 million financial support to Grupo Rugui Steel (COVID-19)
Announced: 20 Jul 2021
Spain: EUR 113 million in participative loans to Grupo Tubos Reunidos (COVID-19)
End prolongation: 30 Jun 2022
Spain: New EUR 1 billion recapitalisation fund to continue supporting businesses (COVID-19)
Announced: 16 Mar 2021
Spain: EUR 320 million in rescue loans to Ávoris Corporación Empresarial (COVID-19)
Announced: 09 Mar 2021
Spain: EUR 53 million in rescue loans to Plus Ultra Líneas Aéreas (COVID-19)
Announced: 09 Mar 2021
Spain: EUR 120 million in loans to Duro Felguera (COVID-19)
Announced: 03 Nov 2020
Spain: Government announces EUR 475 million aid to Air Europa (COVID-19)
Announced: 03 Jul 2020
Spain: Second ICO loan guarantee line and a new strategic fund to support economic reactivation (COVID-19)
Announced: 19 Mar 2020
EU: Commission adopts state aid Temporary Framework to allow financial support schemes due to COVID-19 (extended until June 2022)
Threads
See all
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
70711
interventions
194
jurisdictions