Global Trade Alert
Global Trade Alert

Spain: Second amendment to the umbrella scheme in the context of the Russian invasion of Ukraine

Announcement

12 Dec 2022

In December 2022, the European Commission approved an amendment to the umbrella scheme adopted by Spain in June 2022 (see related state act). The changes decreased the annual intensity support for the year 2023 when compared to the 2022 budget.

Source

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Number of interventions

5

0 certainly harmful

0 likely harmful

5 liberalising

List of interventions

Implementation date

12 Dec 2022

Revocation date:

31 Dec 2024

Updated: 12 Dec 2022
Capital injection and equity stakes (including bailouts)

On 12 December 2022, the European Commission approved an amendment for the Spanish umbrella scheme approved in June 2022 and last amended in August 2022 (see related state acts). The sche...

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Updated: 12 Dec 2022
Tax or social insurance relief

On 12 December 2022, the European Commission approved an amendment for the Spanish umbrella scheme approved in June 2022 and last amended in August 2022 (see related state acts). The sche...

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Updated: 12 Dec 2022
State loan

On 12 December 2022, the European Commission approved an amendment for the Spanish umbrella scheme approved in June 2022 and last amended in August 2022 (see related state acts). The sche...

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Updated: 12 Dec 2022
Loan guarantee

On 12 December 2022, the European Commission approved an amendment for the Spanish umbrella scheme approved in June 2022 and last amended in August 2022 (see related state acts). The sche...

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Updated: 12 Dec 2022
Financial grant

On 12 December 2022, the European Commission approved an amendment for the Spanish umbrella scheme approved in June 2022 and last amended in August 2022 (see related state acts). The sche...

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