Global Trade Alert
Global Trade Alert

Spain: EUR 40 million financial support to ISASTUR (COVID-19)

Announcement

27 Jun 2022

In June 2022, the Spanish government approved a financial package favouring ISASTUR. The operation was issued under the Recapitalisation Fund approved in July 2020 in response to the COVID-19 pandemic.

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Number of interventions

2

2 certainly harmful

0 likely harmful

0 liberalising

List of interventions

2 in force

Implementation date

27 Jun 2022

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) In force

On 27 June 2022, the Spanish government published an agreement approving a EUR 20.4 million (USD 21.6 million) participating loan in favour of ISASTUR. The beneficiary is a Spain-based company special...

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State loan In force

On 27 June 2022, the Spanish government published an agreement approving a EUR 19.6 million (USD 20.8 million) ordinary state loan in favour of ISASTUR. The beneficiary is a Spain-based company specia...

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