Global Trade Alert
Global Trade Alert

Spain: EC approves new support measure to businesses in the context of the COVID-19 pandemic

Announcement

19 Feb 2021

In February 2021, the European Commission approved a Spanish state aid amendment to the First Umbrella approved in April 2020 (see related state act) that introduces a new support type to businesses. 

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Number of interventions

5

5 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

19 Feb 2021

Revocation date:

31 Dec 2021

Updated: 19 Feb 2021
Capital injection and equity stakes (including bailouts)
<p>On 19 February 2021, the EU approved a Spanish state aid measure that amends the First Umbrella support scheme introduced in April 2020 (see related state act). The amendment introduces a new...
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Updated: 19 Feb 2021
Loan guarantee
<p>On 19 February 2021, the EU approved a Spanish state aid measure that amends the First Umbrella support scheme introduced in April 2020 (see related state act). The amendment introduces a new...
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Updated: 19 Feb 2021
State loan
<p>On 19 February 2021, the EU approved a Spanish state aid measure that amends the First Umbrella support scheme introduced in April 2020 (see related state act). The amendment introduces a new...
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Updated: 19 Feb 2021
Tax or social insurance relief
<p>On 19 February 2021, the EU approved a Spanish state aid measure that amends the First Umbrella support scheme introduced in April 2020 (see related state act). The amendment introduces a new...
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Updated: 19 Feb 2021
Financial grant
<p>On 19 February 2021, the EU approved a Spanish state aid measure that amends the First Umbrella support scheme introduced in April 2020 (see related state act). The amendment introduces a new...
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