Announcement
10 Jun 2022
In June 2022, the European Commission approved a Spanish umbrella scheme of state aid and liquidity support in the context of the Russian invasion of Ukraine.
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Number of interventions
5
5 certainly harmful
0 likely harmful
0 liberalising
List of interventions
Implementation date
10 Jun 2022
Revocation date:
17 Aug 2022
Updated: 10 Jun 2022
Capital injection and equity stakes (including bailouts)
On 10 June 2022, the European Commission approved a Spanish umbrella scheme that will provide, among others, equity in order to support companies active in all economic sectors (except credit ...
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Updated: 10 Jun 2022
Tax or social insurance relief
On 10 June 2022, the European Commission approved a Spanish umbrella scheme that will provide, among others, tax advantages in order to support companies active in all economic sectors (except cred...
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Updated: 10 Jun 2022
State loan
On 10 June 2022, the EU approved a Spanish umbrella scheme with a budget of EUR 1.3 billion (approx. USD 1.4 billion) that will provide, among others, state loans to support its economy in the cont...
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Updated: 10 Jun 2022
Loan guarantee
On 10 June 2022, the EU approved a Spanish umbrella scheme with a budget of EUR 1.3 billion (approx. USD 1.4 billion) that will provide, among others, loan guarantees to support its economy in the ...
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Updated: 10 Jun 2022
Financial grant
On 10 June 2022, the European Commission approved a Spanish umbrella scheme that will provide, among others, financial grants in order to support companies active in all economic sectors (except cr...
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Related State Acts
12 Dec 2022
Spain: Second amendment to the umbrella scheme in the context of the Russian invasion of Ukraine
18 Aug 2022
Spain: Budget increase for two support schemes launched in the context of the Russian invasion of Ukraine
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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