Global Trade Alert
Global Trade Alert

Spain: EUR 241 million financial support to Grupo Hoteles Turísticos Unidos S.A.

Announcement

05 Oct 2021

In October 2021, the Spanish government approved a financial package in favour of Grupo Hoteles Turísticos Unidos S.A. The operation was issued under the Recapitalization Fund approved in July 2020 in response to the COVID-19 pandemic (see related state act).

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

05 Oct 2021

Revocation date:

No revocation date

Announced: 05 Oct 2021
State loan In force
On 5 October 2021, the Spanish government published an agreement approving a EUR 51 million (USD 59.2 million) ordinary state loan in favour of Grupo Hoteles Turísticos Unidos S.A. (Grupo Hotusa). The...
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Announced: 05 Oct 2021
State loan In force
On 5 October 2021, the Spanish government published an agreement approving a EUR 190 million (USD 220.6 million) participative loan in favour of Grupo Hoteles Turísticos Unidos S.A. (Grupo Hotusa). Th...
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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

70711

interventions

194

jurisdictions