Global Trade Alert
Global Trade Alert

Spain: Government approves bailouts in favour of Cesgarden, Egile and Grupo Universo Pachá (COVID-19)

Announcement

23 Dec 2021

In December 2021, the Spanish government approved four bailouts under the recapitalisation fund approved in July 2021 (see related state act). Three of them met GTA reporting criteria.

Source

Sign in to access

Number of interventions

3

3 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

23 Dec 2021

Revocation date:

No revocation date

Updated: 23 Dec 2021
Capital injection and equity stakes (including bailouts) In force
<p>On 23 December 2021, the Spanish government approved a EUR 18 million (USD 20.4 million) bailout in favour of Grupo Universo Pach&aacute;, a&nbsp;Spanish company operating in the ente...
Sign in to see more
Updated: 23 Dec 2021
Capital injection and equity stakes (including bailouts) In force
<p>On 23 December 2021, the Spanish government approved a EUR 10.4 million (USD 11.8 million) bailout in favour of Egile, a high-precision mechanics company headquartered in the Basque Country. ...
Sign in to see more
Updated: 23 Dec 2021
Capital injection and equity stakes (including bailouts) In force
<p>On 23 December 2021, the Spanish government approved a EUR 18.6 million (USD 21 million) bailout in favour of Cesgarden, a Spanish company operating in the hotel sector of the Balearic Island...
Sign in to see more

Threads

See all

This state act is not part of any Thread yet.