Global Trade Alert
Global Trade Alert

Spain: EUR 35 million financial support to IMASA (COVID-19)

Announcement

27 Jun 2022

In June 2022, the Spanish government approved a financial package in favour of IMASA. 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 17.85 million (USD 18.9 million) participating loan in favour of IMASA. The beneficiary is based in the Principality of A...

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State loan In force

On 27 June 2022, the Spanish government published an agreement approving a EUR 17.15 million (USD 18.2 million) ordinary state loan in favour of IMASA. The beneficiary is based in the Principality of ...

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