Portugal RRP

Portugal’s overseas investment bureau AICEP has approved a €300 million package to support four companies – Coloplast, Biotek, Presh and Testo, creating 152 new jobs and securing the [...]

Around €7.4Bn from the European funding of grants and loans that make up the country’s Recovery and Resilience Plan has been paid out to its beneficiaries to date. The figure represents 34% of [...]

The President of Portugal’s development bank – Banco Português de Fomento – Gonçalo Regalado took stock of his first 100 days in front of the bank this week and outlined the main [...]

Portugal’s government expects that 2024 will see a 40% execution rate for its Recovery and Resilience Plan, which means that 40% of targets for EU-funded investments in public works, [...]

A minister in the Portuguese government is to ask the European Commission to extend its deadline by six months to 30 June, 2026 for consortiums to complete major public works and other [...]

The Government is preparing to change the structure of the administration of Portugal’s development bank, Banco do Fomento, in November, according to Jornal Económico in a report today. The [...]

Older exporting companies are the main beneficiaries of the Resilience and Recovery Plan (RRP) according to a study from the Bank of Portugal  (BdP) published on Thursday. The report also [...]

The Portuguese government will more than double the public offer of housing, compared to plans from the previous socialist government led by António Costa, on the back of the Recovery and [...]

Portugal’s development bank Banco de Fomento saw profits of €27.8 million last year, well above the €3 million for 2022. The bank’s development made a strong contribution to the bank’s product [...]

Portugal’s government can now request €713 million — the third tranche of EU funding earmarked for the Recovery and Resilience Plan (RRP) which had been blocked. According to the online news [...]