Announcement
24 Apr 2020
In April 2020, the European Commission approved a second Spanish “umbrella” scheme to support the national economy in the context of the COVID-19 outbreak.
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Number of interventions
3
3 certainly harmful
0 likely harmful
0 liberalising
List of interventions
0 in force
Implementation date
24 Apr 2020
Revocation date:
No revocation date
Financial grant
On 24 April 2020, the EU approved a second Spanish umbrella scheme with a preliminary budget of EUR 3.5 billion (approx. USD 3.8 billion) in order to support its economy in the context of the COVID-19...
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State loan
On 24 April 2020, the EU approved a second Spanish umbrella scheme with a preliminary budget of EUR 3.5 billion (approx. USD 3.8 billion) in order to support its economy in the context of the COVID-19...
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Loan guarantee
On 24 April 2020, the EU approved a second Spanish umbrella scheme with a preliminary budget of EUR 3.5 billion (approx. USD 3.8 billion) in order to support its economy in the context of the COVID-19...
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Related State Acts
19 Mar 2020
EU: Commission adopts state aid Temporary Framework to allow financial support schemes due to COVID-19 (extended until June 2022)
02 Apr 2020
Spain: First umbrella scheme to support the economy for a preliminary budget of EUR 3.65 billion (COVID-19)
23 Dec 2020
Spain: New tax measures to support businesses (COVID-19)
18 May 2021
Spain: EUR 30 billion budget increase of first umbrella scheme (COVID-19)
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