Global Trade Alert
Global Trade Alert

Spain: Government approves bailout in favour of Teresa Carles (COVID-19)

Announcement

20 Oct 2022

In October 2022, the Spanish government approved a bailout measure in favour of Teresa Carles under the recapitalisation fund approved in July 2021 (see related state act).

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

20 Oct 2022

Revocation date:

No revocation date

Capital injection and equity stakes (including bailouts) In force

On 20 October 2022, the Spanish government approved a EUR 11.20 million (USD 11 million) bailout in favour of Teresa Carles. The operation was approved under the recapitalisation fund (FONREC in Spani...

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