The European Commission has announced that Portugal would receive a further €1.634Bn in grants for Portugal’s RRP. (Recovery and Resilience Programme) The announcement that it would get an extra [...]
The European Commission has approved the payment of €1.16Bn to Portugal to finance its national Recovery and Resilience Plan (RRP) of which €554.4 are grants and €609 million are loans. European [...]
The ratings agency Moody’s has warned that snap elections could be inconclusive which would result in a political deadlock that would be “a bad thing for credit”. The deadlock would also bring [...]
Almost half of the funds in Portugal’s RRP programme have already been allocated according to the entity responsible for managing and monitoring the funds, ‘Recover Portugal’. The mission [...]
The European Commission has given the green light for Portugal’s Recovery and Resilience Plan. The original draft of the plan was delivered to Brussels on 15 October 2020 and after a period of [...]
The Portuguese Government which has been allocated a total of €16.6Bn from the EU’s Resilience and Recovery Fund is to allocate €3Bn of the total next year. “One of the key strategies for [...]
A government programme to support access to affordable housing has already secured €1.2Bn from the EU’s Recovery and Resilience Plan. There has been a lack of new build affordable housing for the [...]
Portugal’s presidency of the European Council got off to an uncertain start. The transition period for Brexit ended on January 1, and Portugal and Europe were plunged into a second lockdown, but [...]
Portugal’s Minister of Finance, João Leão said this week that Portugal was prepared for its “biggest period of growth this century”. Speaking on Tuesday, João Leão said that Portugal’s economy [...]