Global Trade Alert
Global Trade Alert

Spain: EUR 38 million financial support to Grupo Julià (COVID-19)

Announcement

03 May 2022

In May 2022, the Spanish government approved a financial package in favour of Grupo Julià. The operation was issued under the Recapitalization Fund approved in July 2020 in response to the COVID-19 pandemic (see related state act).

 

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

03 May 2022

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) In force

On 3 May 2022, the Spanish government published an agreement approving a EUR 20 million (USD 21 million) participative loan in favour of Grupo Julià. The beneficiary is a Barcelona-based company that ...

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State loan In force

On 3 May 2022, the Spanish government published an agreement approving a EUR 18 million (USD 19 million) state loan in favour of Grupo Julià. The beneficiary is a Barcelona-based company that provides...

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