Global Trade Alert
Global Trade Alert

Spain: Second umbrella scheme to support economy for a preliminary amount of EUR 3.5 billion (COVID-19)

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

Implementation date

24 Apr 2020

Revocation date:

30 Jun 2022

Updated: 24 Apr 2020
Loan guarantee
<p>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...
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Updated: 24 Apr 2020
State loan
<p>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...
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Updated: 24 Apr 2020
Financial grant
<p>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...
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