Global Trade Alert
Global Trade Alert

Spain: EUR 1.3 billion for umbrella scheme in the context of the Russian invasion of Ukraine

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. 

Source

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Number of interventions

5

5 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

10 Jun 2022

Revocation date:

No revocation date

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 credi...

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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 con...

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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 context...

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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 credit ...

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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 and fina...

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