Global Trade Alert
Global Trade Alert

Spain: EUR 269.5 million financial support to Celsa Spain (COVID-19)

Announcement

27 Jun 2022

In June 2022, the Spanish government approved a financial package in favour of Celsa Spain. This step was taken under the Recapitalisation Fund approved in July 2020 in response to the COVID-19 pandemic (see related state act).

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

27 Jun 2022

Revocation date:

No revocation date

Updated: 27 Jun 2022
State loan In force
<p>On 27 June 2022,&nbsp;the Spanish government published an agreement approving a EUR 269.5 million (USD 285.7 million) ordinary state loan in favour of Barna Steel S.A. of the Celsa Group....
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