Announcement
21 Dec 2021
In December 2021, the European Commission approved EUR 2.55 billion in restructuring aid for Transportes Aéreos Portugueses (TAP Air).
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Number of interventions
1
1 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
21 Dec 2021
Revocation date:
No revocation date
Announced: 21 Dec 2021
Equity stake
In force
On 21 December 2021, the EU approved a EUR 2.55 billion (approx. USD 2.87 billion) rescue equity measure from Portugal in favor of Transportes Aéreos Portugueses (TAP Air), in order to fund a restruct...
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Related State Acts
Announced: 21 Dec 2021
Portugal: Introduction of EUR 107.7 million state aid to TAP Air
Announced: 10 Jun 2020
Portugal: EUR 1.2 billion rescue aid to TAP Air
Announced: 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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Harmful Trade Policy Measures
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
70627
interventions
194
jurisdictions