Announcement
04 Dec 2020
In December 2020, the European Commission approved a Spanish state aid measure in the form of a trade insurance mechanism to continue supporting businesses in the context of the COVID-19 pandemic.
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
04 Dec 2020
Revocation date:
31 Dec 2021
Updated: 04 Dec 2020
Loan guarantee
<p>On 4 December 2020, the EU approved one EUR 500 million (approx. USD 606 million) Spanish state aid measure that establishes a reinsurance scheme for trade credit insurers. The aim is to main...
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