Global Trade Alert
Global Trade Alert

Spain: Introduction of financial grant scheme to support energy-intensive businesses with rising gas prices

Announcement

24 Apr 2023

In April 2023, the European Commission approved a financial grant scheme from Spain to support energy-intensive businesses with rising natural gas prices. 

 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

0 in force

Implementation date

24 Apr 2023

Revocation date:

No revocation date

Financial grant

On 24 April 2023, the European Commission approved a EUR 450 million (USD 496 million) direct grant scheme from Spain. The measure supports energy-intensive businesses from various industrial sectors ...

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