Announcement
23 Mar 2021
In March 2021, the European Commission approved a Spanish state aid measure that increases the budget of an umbrella scheme approved in April 2020 (see related state act) to support businesses in the context of the COVID-19 pandemic.
Source
Number of interventions
4
4 certainly harmful
0 likely harmful
0 liberalising
Implementation date
23 Mar 2021
Revocation date:
18 May 2021
End prolongation: 30 Jun 2022
Spain: EUR 30 billion budget increase of first umbrella scheme (COVID-19)
Removed: 30 Jun 2021
Spain: First umbrella scheme to support the economy for a preliminary budget of EUR 3.65 billion (COVID-19)
Announced: 19 Mar 2020
EU: Commission adopts state aid Temporary Framework to allow financial support schemes due to COVID-19 (extended until June 2022)
See all
This Thread tracks harmful trade policy interventions affecting all products. Covering all types of interventions monitored by Global Trade Alert, it highlights how the yearly number of these measures has evolved over time.
Published: 04 Sep 2024
70619
194