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
18 May 2021
Spain: EUR 30 billion budget increase of first umbrella scheme (COVID-19)
02 Apr 2020
Spain: First umbrella scheme to support the economy for a preliminary budget of EUR 3.65 billion (COVID-19)
19 Mar 2020
EU: Commission adopts state aid Temporary Framework to allow financial support schemes due to COVID-19 (extended until June 2022)
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