Global Trade Alert
Global Trade Alert

Spain: EUR 450 million production subsidy scheme to support the transport sector in the context of the Russian invasion of Ukraine

Announcement

04 May 2022

In May 2022, the European Commission approved a Spanish scheme to support the transport sector in the context of high fuel prices. The scheme forms part of the Spanish national response plan to the economic challenges caused by the Russian invasion of Ukraine adopted in March 2022 (see related state act).

 

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

04 May 2022

Revocation date:

No revocation date

Production subsidy

On 4 May 2022, the European Commission approved a EUR 450 million (USD 474.3 million) production subsidy scheme from Spain to support the passengers and goods road transport sector in the context of t...

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