Global Trade Alert
Global Trade Alert

Spain: EUR 320 million in rescue loans to Ávoris Corporación Empresarial (COVID-19)

Announcement

16 Mar 2021

In March 2021, the Spanish government approved rescue loans in favour of Ávoris Corporación Empresarial S.A. The operations were issued under the Recapitalization Fund approved in July 2020 in response to the COVID-19 pandemic (see related state act). 

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

16 Mar 2021

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) In force

On 16 March 2021, the Spanish government published an Agreement that approves EUR 320 million (approx. USD 380.7 million) in rescue loans in favour of Ávoris Corporación Empresarial S.A. In particular...

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