Announcement
02 Apr 2020
In April 2020, the European Commission approved a Spanish “umbrella” scheme to support the national economy in the context of the COVID-19 outbreak.
Source
Sign in to access
Number of interventions
4
4 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
02 Apr 2020
Revocation date:
23 Mar 2021
Removed: 30 Jun 2021
Loan guarantee
On 2 April 2020, the EU approved a Spanish state aid measure, an umbrella scheme to support its economy in the context of the COVID-19 pandemic for a preliminary amount of EUR 3.65 billion (approx. US...
Sign in to see more
Removed: 30 Jun 2021
Tax or social insurance relief
On 2 April 2020, the EU approved a Spanish state aid measure, an umbrella scheme to support its economy in the context of the COVID-19 pandemic for a preliminary amount of EUR 3.65 billion (approx. US...
Sign in to see more
Removed: 30 Jun 2021
State loan
On 2 April 2020, the EU approved a Spanish state aid measure, an umbrella scheme to support its economy in the context of the COVID-19 pandemic for a preliminary amount of EUR 3.65 billion (approx. US...
Sign in to see more
Removed: 30 Jun 2021
Financial grant
On 2 April 2020, the EU approved a Spanish state aid measure, an umbrella scheme to support its economy in the context of the COVID-19 pandemic for a preliminary amount of EUR 3.65 billion (approx. US...
Sign in to see more
Related State Acts
End prolongation: 30 Jun 2022
Spain: EUR 30 billion budget increase of first umbrella scheme (COVID-19)
Implemented: 31 Dec 2021
Spain: Extension and EUR 10 billion budget increase of umbrella scheme (COVID-19)
Announced: 13 Mar 2021
Spain: Government announces new support measures for companies in the context of the COVID-10 pandemic
Announced: 19 Feb 2021
Spain: EC approves new support measure to businesses in the context of the COVID-19 pandemic
Announced: 23 Dec 2020
Spain: New tax measures to support businesses (COVID-19)
End prolongation: 30 Jun 2022
Spain: Second umbrella scheme to support economy for a preliminary amount of EUR 3.5 billion (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
70627
interventions
194
jurisdictions