Global Trade Alert
Global Trade Alert

Spain: Government grants EUR 2 billion for the creation of a co-investment fund managed by COFIDES

Announcement

06 Jun 2023

In June 2023, the Council of Ministers of Spain granted a total of EUR 2 billion to the Spanish Development Financing Company (COFIDES in Spanish) to support the management of a newly created fund that will affect foreign commercial interests. 

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Number of interventions

2

0 certainly harmful

2 likely harmful

0 liberalising

List of interventions

Implementation date

No implementation date

Revocation date:

No revocation date

Updated: 06 Jun 2023
Capital injection and equity stakes (including bailouts)

On 6 June 2023, the Spanish government proposed the creation of the Co-investment Fund (FOCO) with an allocation of EUR 2 (USD 2.13) billion to the Spanish Development Financing Company (COFIDES). ...

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Updated: 06 Jun 2023
FDI: Financial incentive

On 6 June 2023, the Spanish government proposed the creation of the Co-investment Fund (FOCO) with an allocation of EUR 2 (USD 2.13) billion to the Spanish Development Financing Company (COFIDES). ...

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