Global Trade Alert
Global Trade Alert

Spain: Government approves bailouts in favour of MLL Best Hotels Management S.L.U. and San José López S.A. (COVID-19)

Announcement

07 Mar 2022

In March 2022, the Spanish government approved 5 bailouts under the recapitalisation fund approved in July 2021 (see related state act). Only 2 of them met GTA reporting criteria.

Source

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

07 Mar 2022

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) In force

On 7 March 2022, the Spanish government approved a EUR 10 million (USD 10.9 million) bailout in favour of MLL Best Hotels Management S.L.U., a Spanish company operating in the hotel sector of Mallorca...

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Capital injection and equity stakes (including bailouts) In force

On 7 March 2022, the Spanish government approved a EUR 10 million (USD 10.9 million) bailout in favour of San José López S.A., a Spanish company that provides long-distance (national and international...

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