Spain: Commission approves EUR 10 billion National Guarantee Scheme to support companies in the context of the Russian invasion of Ukraine

Announcement

02 Jun 2022

In June 2022, the European Commission approved a Spanish guarantee scheme to support companies across sectors active in Spain. The scheme was adopted under the Temporary Crisis Framework in the context of the Russian invasion of Ukraine.

Source

Number of interventions

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

02 Jun 2022

Revocation date:

31 Dec 2024

Updated: 02 Jun 2022

Loan guarantee

On 2 June 2022, the European Commission approved a EUR 10 billion (USD 10.7 billion) guarantee scheme from Spain. The scheme aims to support self-employed individuals and companies active in all&nb...

Related State Acts

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24 Mar 2022

EU: Commission adopts state aid Temporary Crisis Framework to provide financial support in the context of the Russian invasion of Ukraine (extended until 2023)

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