Global Trade Alert
Global Trade Alert

Spain: Budget increase for two support schemes launched in the context of the Russian invasion of Ukraine

Announcement

18 Aug 2022

In August 2022, the European Commission approved budget increases for an umbrella scheme and a transport-sector-oriented one, approved in June and May 2022, respectively (see related state acts). 

Source

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Number of interventions

6

6 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

18 Aug 2022

Revocation date:

31 Dec 2022

Updated: 18 Aug 2022
Production subsidy

On 18 August 2022, the European Commission approved a budget increase for the Spanish production subsidy scheme for the transport sector approved in May 2022 (see related state act). The scheme pro...

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Implementation date

18 Aug 2022

Revocation date:

11 Dec 2022

Updated: 18 Aug 2022
Capital injection and equity stakes (including bailouts)

On 18 August 2022, the European Commission approved a budget increase for the Spanish umbrella scheme approved in June 2022 (see related state act). The scheme provides, among others, equity in ord...

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Updated: 18 Aug 2022
Tax or social insurance relief

On 18 August 2022, the European Commission approved a budget increase for the Spanish umbrella scheme approved in June 2022 (see related state act). The scheme provides, among others, tax advantage...

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Updated: 18 Aug 2022
State loan

On 18 August 2022, the European Commission approved a budget increase for the Spanish umbrella scheme approved in June 2022 (see related state act). The scheme provides, among others, state loans i...

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Updated: 18 Aug 2022
Loan guarantee

On 18 August 2022, the European Commission approved a budget increase for the Spanish umbrella scheme approved in June 2022 (see related state act). The scheme provides, among others, loan guarante...

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Updated: 18 Aug 2022
Financial grant

On 18 August 2022, the European Commission approved a budget increase for the Spanish umbrella scheme approved in June 2022 (see related state act). The scheme provides, among others, financial gra...

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