Global Trade Alert
Global Trade Alert

Spain: First umbrella scheme to support the economy for a preliminary budget of EUR 3.65 billion (COVID-19)

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.

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Number of interventions

4

4 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

02 Apr 2020

Revocation date:

No revocation date

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...

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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...

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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...

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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...

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