COMMISSION APPROVES €20 BILLION SPANISH GUARANTEE SCHEMES FOR COMPANIES AND SELF-EMPLOYED AFFECTED BY CORONAVIRUS OUTBREAK
Published on: 24-03-2020
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The European Commission has found two Spanish guarantee schemes for companies and self-
employed workers affected by the coronavirus outbreak to be in line with EU State aid rules.
The schemes, with a total budget of approximately €20 billion, were approved under the State aid
Temporary Framework to support the economy in the context of the COVID-19 outbreak adopted by the
Commission on 19 March 2020.
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