Global Trade Alert
Global Trade Alert

Spain: National response plan to the economic challenges caused by the Russian invasion of Ukraine

Announcement

30 Mar 2022

In March 2022, the Spanish authorities launched the national response plan to the economic challenges caused by the Russian invasion of Ukraine. The overall package includes over EUR 500 million (USD 558 million) in support of the national economy, with some specific measures pending approval by the European Commission (see related state acts). 

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Number of interventions

3

3 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

30 Mar 2022

Revocation date:

30 Jun 2022

Announced: 30 Mar 2022
Financial grant
On 30 March 2022, the Spanish government adopted Royal Decree-Law 6/2022 establishing two financial grant schemes to support the fisheries and aquaculture sector in the context of higher input prices....
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Implementation date

30 Mar 2022

Revocation date:

30 Sep 2022

Announced: 30 Mar 2022
Financial grant
On 30 March 2022, the Spanish government adopted Royal Decree-Law 6/2022 establishing a EUR 193.5 million (USD 216 million) financial grant scheme to support the agriculture sector in the context of h...
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Implementation date

01 Jan 2022

Revocation date:

31 Dec 2022

Announced: 30 Mar 2022
Tax or social insurance relief
On 30 March 2022, the Spanish government adopted Royal Decree-Law 6/2022 establishing a EUR 225 million (USD 251.2 million) fee exemption scheme to support electro-intensive users (EIUs) in the contex...
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