Global Trade Alert
Global Trade Alert

Spain: Extension and EUR 10 billion budget increase of umbrella scheme (COVID-19)

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

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Number of interventions

4

4 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

23 Mar 2021

Revocation date:

No revocation date

Financial grant

On 23 March 2021, the European Commission approved a Spanish state measure that increases the budget and extends the First Umbrella scheme to support the economy in the context of the COVID-19 pandemi...

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State loan

On 23 March 2021, the European Commission approved a Spanish state measure that increases the budget and extends the First Umbrella scheme to support the economy in the context of the COVID-19 pandemi...

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Loan guarantee

On 23 March 2021, the European Commission approved a Spanish state measure that increases the budget and extends the First Umbrella scheme to support the economy in the context of the COVID-19 pandemi...

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Tax or social insurance relief

On 23 March 2021, the European Commission approved a Spanish state measure that increases the budget and extends the First Umbrella scheme to support the economy in the context of the COVID-19 pandemi...

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